Proposed EU tariffs on Chinese solar panel imports could cost the UK economy, the industry has warned
The EU is proposing to enforce anti-dumping and countervailing levies in order to block cheap imports of solar panels from China.
The European Commission has been investigating claims from German manufacturers that solar panels imported from China benefit from unfair government subsidies.
But the Alliance for Affordable Solar Energy (AASE), a group of 160 solar companies, has warned that these measures could cost the UK economy up to £3.4 billion over a three-year period.
Norbert Hahn of IBC Solar said: ‘If an anti-dumping levy is successful this would harm the entire sector. 70 to 80 per cent of the modules installed in Europe would then be levied with punitive tariffs. Therefore profitability and demand will decrease. From our perspective all trade barriers need to disappear in order to accelerate the energy transition also through the expansion of photovoltaic.’
The UK construction industry currently sources the vast majority of solar panels from China.