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Markets & Policy

EU duties will cost 650,000 jobs says Chinese state media

China Daily predicts EU duties will cost the political bloc 250,000 jobs in its own back yard as Beijing launches investigation into imported EU wines as direct riposte to France’s Hollande.

Trina Solar will not abandon Europe

Chinese manufacturer Trina Solar says it will fight to prove it is not dumping solar panels in Europe and will not turn its back on its EU partners.

Turkey: Commercial rooftop systems prove an interesting market

With its booming economy and growing energy demand, Turkey is one the world’s most promising new PV markets, but difficulties in financing and bureaucracy remain obstacles.

Teamtechnik equips 600 MW of solar plants in China

Teamtechnik, the Germany-based photovoltaic system manufacturer, has recently announced that the company has completed the construction of solar plants for Yingli Solar last month. The plants totaling 600 MW of capacity are located in the cities of Tianjin, Hengshui and Xinxian.

Isofotón seeks to restructure €284 million debt pile

Spanish solar group Isofotón filed for restructuring legal proceedings this week in the face of €284 million ($372 million) in liabilities. The company is hoping to reach an agreement with creditors and implement a debt-for-equity plan.

Canadian Solar sells four utility-scale solar power plants

Canadian Solar subsidiary Canadian Solar Solutions has sold four utility-scale solar power plants totaling 38.5 MW to independent renewable power producer BluEarth. Construction of these plants will begin this year and commercial operations are scheduled to commence in 2014.

Polysilicon prices set to rise, but just a bit

China’s expected move to impose anti-dumping tariffs on polysilicon from the EU, the U.S. and South Korea will result in price hikes, but increases will be minimal and manageable, according to research group IHS.

Krinner lands manufacturing facility in Canada

German ground screw manufacturer Krinner Schraubfundamente opened a new factory in Canada, its first base outside of Germany.

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TÜV Rheinland launches new power rating suite

The TÜV Rheinland Photovoltaic Testing Laboratory has launched a new testing service for PV modules to provide certified performance assessments under a broad range of outdoor environmental conditions.

Mixed reactions from the industry on anti-dumping duties [updated]

The European Commission announced its decision to push forth with the anti-dumping duties on Chinese PV imports into Europe yesterday (Tuesday) despite the wide opposition across the solar sector and the EU member states. 11.8% has been set as the start point and this will increase to 47.6%. Some applauded the decision while for others the alarms went off.

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