U.K. Solar Investment Jeopardized by EU Tariffs on China
This article is for subscribers only.
U.K. Energy and Climate Change Minister Greg Barker said investment in solar power may be jeopardized by European Union tariffs on panels from China and that Britain is pushing for a “sensible” agreement.
The EU on June 5 imposed tariffs of 11.8 percent on panels from China for allegedly selling them in the 27-nation bloc at below cost, a practice known as dumping. The tariff will rise to as high as 67.9 percent after two months, with the lower rate set as an incentive for China to negotiate.