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.



SolarEnergyTradeShow_id1384

Surrette_id1386
Latest Top Stories

Report Benchmarks U.S. Electric Utility Clean Energy Deployment

As the U.S. Environmental Protection Agency prepares for its listening sessions on its Clean Power Plan for existing power plants next week, a new report ranks the cleantech performance of nation’s largest electric utilities.


Solar Sector Fears WTO Ruling Against Tariffs Won't Save The U.S. From Itself

Although the WTO says U.S. anti-dumping tariffs levied on Chinese PV manufacturers are improper, few expect the ruling to prevent a rise in module prices.


Xcel Energy Offers Solar*Rewards 'Bridge' For Colorado Solar Installations

As an incentive for the continued development of customer-sited solar, Public Service Co. of Colorado has agreed to advance capacity for its popular Solar*Rewards program.


Flexible Sources Key To Integrating Solar PV Into Utility Operations

A report from three U.S. Department of Energy labs proposes a framework for integrating various amounts of PV into the grid.


PV Industry Leaders See A 'Second Gold Rush' Coming In The Solar Sector

A panel of solar sector executives from across the PV supply chain at Intersolar North America says the widespread adoption of distributed generation energy sources is inevitable.

Lufft_id
S&C Electric_id1352
PVcobra_id1394
WIP_id1320
SnakeTray_id1373