European Union ends import duties on Chinese solar panels
The European Commission has indicated that it does not extend the existing import duties on solar panels from China. As a result, the levies on Chinese solar panels that are imported into the EU will come to an end from Tuesday 9 October 2018 after a little less than five years.
On Monday evening at midnight, the import duties will end on Chinese solar panels. According to the European Commission, it is in the best interest of the EU not to renew measures. The Commission says that it has taken into account the interests of producers, users and importers and that the decision has also been taken on the basis of the EU's sustainability agenda.
In December 2013, levies on Chinese solar panels were introduced for the first time, for a period of two years. The levy could go up to 42 percent. With this, the EU wanted to prevent the dumping of solar panels on the European market.
The levies set at the end of 2013 were extended by eighteen months in March 2017, while an extension for a period of five years is usually implemented. According to the Commission, this gradual reduction of the levies means that the prices of solar panels imported into the EU are gradually coming in line with the global market prices.
Charges against European import duties have been brought against the import levies. Twenty-six companies reportedly suffered damage as a result of the measures, but the European Court of First Instance, the second-highest EU judge, dismissed all requirements in March 2017.