Europe Solar Panel Tariff

If sold for less they are subject to a duty.

Europe solar panel tariff. Jumped 9 percent to 75 20 in after hours trading in new york. This corresponds to a recent analysis conducted by greentech media. Trump on monday approved a 30 percent tariff on solar cell and module imports dropping to 15 percent within four years. European commission extends unfair import tariff on chinese solar panels.

The european commission over the weekend extended its punitive import tariffs and price controls on solar panels from china which were originally due to expire today monday 7 december. The proclamation included a 2 5 gigawatt exemption for cells per year which does not include any sub quotas for individual countries. The nearly 25 percent tariff applies to all imported solar photovoltaic cells and modules the main technology on panels that convert solar energy into electricity. The european commission decided on friday 31 august to eliminate anti dumping tariffs on chinese solar panels saying the decision will help the eu achieve its renewable energy goals.

The tempe arizona based manufacturer stands to gain as costs for competing foreign panels rise. Up to 2 5 gigawatts gw of unassembled solar cells can be imported. According to industry association solarpower europe the eu tariffs will add at least 500 to the cost of a household installation. The effective date of the tariffs is february 7 2018.

The move based on a so called 201 case requiring proof of serious harm from unfair global competition put tariffs on 8 5 billion in solar modules and cells starting at 30 in year one and. Market experts estimate that the impact of the tariff in year 1 will be between 0 10 to 0 12 per watt. European commission extends unfair import tariff on chinese solar panels. For a typical american homeowner that represents only a 3 to 4 increase in the cost of a solar panel installation.

The european commission has said that the tariffs are designed to. By year 4 the tariff s impact falls to only 0 04 to 0 05 per watt which results in less than a 2.