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Eversheds comment: EU solar panel import tariff could have considerable impact on solar industry

  • United Kingdom

    09-05-2013

    On the news of EU plans to impose import duties on solar panels from China, Stephen Hill, partner and clean energy expert at global law firm Eversheds, comments:

    “Given the US imposition of tariffs and the recent call to evidence by the EU, this is not an unexpected development, but I suspect will just be the start of dialogue between the EU and China. The recent and continued slashing of subsidy has meant that the cheaper Chinese panels are often the only economic solution to make solar installations viable.

    “The consequence of a tariff on panels will either be an increase in subsidy (paid for by the consumer) or the slow demise of the solar industry.”

    Stephen Hill, Partner

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