26 May '14, 12pm

China PV Exports Rise on Expansion in Emerging Markets

“China’s PV products previously were mainly exported to the U.S. and to European countries, but now exports to emerging markets account for more than 80 percent of the total,” said Shen Fuxin, secretary general of the Zhejiang Solar Energy Industry Association. Since 2011, EU countries and the U.S. have initiated anti-dumping and anti-subsidy investigations over PV imports from China. Most recently, the EU imposed definitive measures on Chinese solar panels in the form of anti-dumping and anti-subsidy duties. These duties, ranging from 47.7 percent to 64.9 percent, will be valid for the two years starting 6 December 2013. This lead to dramatic decreases in the level of exports from many Chinese PV companies and was a major factor in Suntech Power’s bankruptcy , a leader in the field. In order to offset the decrease, the PV industry across Zhejiang province began to expand ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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