Ministry welcomes EU's moves on solar panel tariffs

The Ministry of Commerce said on Monday that the European Union's recent decisions on tariffs on Chinese solar panels were a positive step toward market normalization, and it hopes that the EU will completely scrap such measures.

On Saturday, the EU issued its final announcement that it will limit China's solar panel exports by setting a minimum import price. The regulation will be implemented from Oct 1, and the minimum import price will be set step-by-step.

Specifically, the European Commission set the minimum import price for different photovoltaic products. The price for polycrystalline cells is 0.19 euro ($0.23) per watt, while the price for monocrystalline cells is 0.23 euro per watt, and the prices for polycrystalline and monocrystalline components will be 0.37 euro per watt and 0.42 euro per watt respectively.