September 3 (Renewables Now) - The EU anti-dumping and anti-subsidy measures on solar panels from China will end at midnight on Monday after the European Commission (EC) decided not to extend them.
The EC said it considered the needs of both manufacturers and those using or importing solar panels in making the decision and also took into account the EU's new renewable energy targets.
The EC imposed anti-dumping and anti-subsidy duties on Chinese photovoltaic (PV) products in December 2013 for a period of two years. After expiry reviews, it was decided in March 2017 that the measures will be gradually phased out over a period of 18 months, ending in September.
The commission has now rejected the EU industry's request for an expiry review investigation as, according to it, "the market situation has not changed to the extent that this would justify a further extension of the measures now beyond the scheduled 18 months." Reuters reported recently that the EC has decided to turn down the request for another expiry review.
Industry group SolarPower Europe applauded the decision. "The Commission’s move to end the trade measures is unquestionably the right one for Europe, we expect to see a significant increase in solar jobs and deployment – which will only propel the energy transition in Europe," said its president Christian Westermeier.
According to SolarPower Europe chief executive James Watson, the removal of the trade measures will benefit EU manufacturers along the solar value chain as it will boost demand for their products.