in News Departments > New & Noteworthy
print the content item

comments: 0

EU ProSun, led by SolarWorld, has filed a complaint with the European Commission to investigate what it describes as illegal subsidies provided by the Chinese government to its solar manufacturers. According to the consortium, these subsidies have "fed massive overcapacity."

This request for an investigation of Chinese government support is separate from the recently initiated investigation into possible dumping by solar manufacturers. That investigation commenced earlier this month, based on an earlier complaint by EU ProSun.

"Chinese government subsidies are only available to Chinese companies," notes Milan Nitzschke, president of EU ProSun. "Massive subsidies and state intervention have stimulated overcapacity more than 20 times total Chinese consumption and close to double total global demand.

"Hence, more than 90 percent of Chinese production had to be exported," he adds. "Irrational overproduction on this scale cannot generate profits."

According to EU ProSun, Chinese banks are offering a range of subsidies to Chinese manufacturers, including low-interest rates, loans that are written off if the borrower is unable to pay, credit lines from state banks, and regional and local subsidies.



IronRidge_id1414

Surrette_id1409
Latest Top Stories

TVA Reconsiders Solar's Role And Value In New Resource Plan And Grid Study

Critics point to wide variations in caps and premiums paid for solar under the Tennessee Valley Authority's (TVA) current plan. The utility agency says it will incorporate more solar stakeholders in future programs.


After Massachusetts' 'Godfather Of Solar' Exits, Will The New Gov. Step Up?

Bay State solar developers and suppliers look back on the legacy of Gov. Deval Patrick while awaiting Massachusetts’ incoming chief executive.


Do PV Customers Benefit From Incentive Programs In California?

Government incentives, such as the California Solar Initiative, have been instrumental in the growth of the photovoltaic industry over the past decade. Researchers have studied the degree to which these incentives have been passed on to PV customers.


Volatility Creeping Into Mass. Solar Sector Shakes Up Larger Developers

Players in the so-called "managed growth" sector of the commonwealth - 6 MW and larger - are concerned that the field keeps shifting under their feet.


New UL Energy Storage Standard Aims For Better, Safer Renewable Power

As the Talking Heads said, "Things fall apart. It's scientific." UL is turning its scientific study of how and why things fail to produce a testing and certification regime for building better renewable energy grids.

CanSolIndus_id1429
Heilind_id1430
GoIndustry (UK) Limited_id1446
PVcobra_id1394
Ingeteam_id1433