08 November 2012 17:09 [Source: ICIS news]
LONDON (ICIS)--The European Commission has begun an anti-subsidy investigation into Chinese imports of solar panels and their key components, solar cells and solar wafers, it said on Thursday.
The Commission is following up on a complaint by European solar panel producers who claim that their Chinese competitors benefit from unfair government subsidies.
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The Commission said that the investigation will take 13 months. However, the Commission may impose provisional anti-subsidy duties within nine months, “provided there is sufficient prima facie evidence of subsidisation,” it added.
In September, the Commission already began an anti-dumping investigation into solar panels, cells and wafers imported from
European solar panel producers association EU ProSun welcomed the Commission’s move to begin the anti-subsidy investigation as a “landmark decision.”
“Chinese solar companies are making enormous losses, but are not bankrupt because they are bankrolled by the state,” the association's president, Milan Nitzschke, said.
“Following the mountain of evidence from the
($1 = €0.78)
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