After a series of "arduous" and meticulous" negotiations, the EU and Chinese solar panel makers...
Jul 27 2013, 09:29 ET
After a series of "arduous" and meticulous" negotiations, the EU and Chinese solar panel makers have settled their long-running trade dispute. Under the terms of the deal, Chinese companies can export up to seven gigawatts each year as long as the price doesn't fall below €0.56/ watt. Exports in excess of the annual limit or sold below the minimum price will be subject to duties averaging 47% beginning in August. It appears the Chinese come out ahead given that, according to FT, the minimum price "is in line with recent averages [but] well below the €0.80" EU companies "deemed reasonable." On watch Monday: YGE, JASO, LDK, TSL, JKS, SOL, CSIQ, among others.