UK and European solar industry representatives have written an open letter to European trade commissioner, Karel De Gucht, warning of the potentially severe impact of trade tariffs against China.
Highlighting the risk of severely hampering the European solar industry, the letter states the potential duties arising from the current EU anti-dumping investigation will be “to the detriment of the entire EU solar PV value chain and without significant positive effect for the EU solar producers.”
Penned by the Alliance for Affordable Solar Energy (AFASE), the letter has the support of 1,024 company representatives from across the EU solar PV industry, 176 of which are UK-based solar professionals.
Wouter Vermeersch, CEO of the Belgian company Cleantec Trade said, “The harm to the upstream and downstream suppliers (which account for 70% of the P supply chain’s value in the EU) would outweigh benefits to EU PV producers.
Tariffs on solar products and their components are bad for the entire European solar industry since they would lead to price increases and significantly dampen demand.”