SolarWorld insolvency will not impact EU trade measures

May 12, 2017
Facebook
Twitter
LinkedIn
Reddit
Email
Minimum import price (MIP) will remain in place till September 2018. Image: SolarWorld

SolarWorld AG's insolvency will not impact the continuation of the minimum import price (MIP) with the extension of the measures already enshrined in law by the European Commission.

The complaint was brought about by EU ProSun, which represents European solar manufacturers, with SolarWorld the major backer of the trade group. This has prompted some to speculate over the future of the measures that are currently set to expire in September 2018 unless a request is made for an investigation into their extension.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Milan Nitzschke, vice president of SolarWorld and president of EU ProSun told PV Tech that the group’s other members would look to continue its work.

Benjamin Trinkerl, managing director of manufacturer Heckert Solar said in a statement: “We must not allow China to monopolize solar technology. Eliminating unfair competition is still the goal of Europe's solar industry.”

Responding to the news of SolarWorld AG's instigation of insolvency protection, James Watson, CEO of SolarPower Europe maligned the absence of a more supportive strategy for European PV manufacturing.

“This is not good and it is not what we wanted but it proves the point that trade measures will not drive investors into European business. If we had an industrial strategy to support innovative industries we would have been better able to grow a European manufacturing sector for cells and modules instead of spending five years on trade measures,” he told PV Tech.

Watson also stressed that regardless of SolarWorld’s future, the extension of trade measures and the MIP would not be affected as this had already passed into law.

“There is no potentiality for the MIP to end before September 2018,” he said adding that the burden of extending measures longer than that could be too much for ProSun to manage without its largest member’s resources.

“As far as I am aware SolarWorld is the major backer of EU ProSun so without them, how does it exist? How do they organise themselves? Lawyers won’t work for free so I think it could be hard for ProSun to file a request for an expiry review before the current measures lapse. I would doubt the ability of the other members to be able to do that. It does seem more likely today though, that we will see the end of the measures come September 2018.”

Read Next

October 31, 2025
Australia's solar and energy storage sectors delivered transformative performance during the third quarter of 2025, with grid-scale solar generation reaching 1,699MW average output while battery systems expanded capacity by 2,936MW since Q3 2024.
October 31, 2025
Acen Australia has committed to recycling around one million solar modules from its 400MW Stubbo solar PV power plant in New South Wales.
October 30, 2025
Global net zero by 2050 is now “impossible” and the world is on course for temperature rises of 2.6°C, according to energy market analyst Wood Mackenzie.
October 30, 2025
New Zealand’s Genesis Energy has announced plans to acquire and develop a 271MWp solar project in Waikato, on the country’s upper North Island. 
October 30, 2025
Meridian Energy, a New Zealand state-owned energy company, has begun the construction of its 230GWh Ruakaka solar plant. 
October 29, 2025
French firms TotalEnergies and EDF, with local partners, secured contracts for 400MW and 600MW solar projects in Saudi Arabia, supporting Vision 2030 renewable goals.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 12, 2025
10am PST / 1pm EST
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany