As EU levies end, PV exports may soar

The European Union has terminated measures against China's dual-reaction photovoltaic or PV products, and this will restore normalcy in the Sino-EU trade in the segment, provide a predictable business environment, and boost cooperation between the two sides, officials and experts said.

The PV segment has been the "hardest hit" by trade frictions involving China, the EU and the United States. At the end of August, the European Commission issued a final notice saying the anti-dumping and countervailing measures against solar panels from China will be terminated from Sept 3, China's Ministry of Commerce announced in an earlier statement.

The EU initiated antidumping and anti-subsidy measures against Chinese solar panels, wafers and cells in June 2013. In March last year, it extended them by only 18 months, as against the norm of a five-year extension, signaling a possible end in September this year.