The European Commission has approved replacing the current Minimum Import Price (MIP) for module imports from China with a new reduced price on a sliding scale mechanism, despite receiving almost negligible support from member states.
Proposals from the Agency for the Cooperation of Energy Regulators (ACER) to remove priority dispatch for existing renewables generators across Europe are irresponsible and potentially damaging to investor confidence, the head of Europe’s solar trade association has said.
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.
Jetion Solar, Hareon Solar, GCL Technology and Talesun have now been fully withdrawn from the Minimum Import Price (MIP) undertaking, according to the European Commission (EC).
Last week the EU’s Africa Renewable Energy Initiative announced 14 new renewable energy projects across the continent, representing 1.7GW, with a total potential investment of almost €4 billion.
France has sought to increase its ambitions for solar PV in the country after the technology “overshot expectations”, a government representative has said.
The European Commission has confirmed that it will extend its anti-dumping and anti-subsidy duties on cells and modules imported from China by 18 months, a reduction form the 24 months first proposed.
The Minimum Import Price (MIP) agreement between the EU and Chinese solar manufacturers requires urgent reform as the 3 March extension deadline draws near.