The Minimum Import Price (MIP) agreement between the EU and Chinese solar manufacturers requires urgent reform as the 3 March extension deadline draws near.
A group of 22 MEPs have called on the European Commission to end the minimum import price (MIP) agreement and the punitive trade duties currently placed on Chinese cells and modules.
Wuxi Suntech the PV module manufacturing arm of renewable energy group, Shunfeng International Clean Energy (SFCE) said it had voluntarily withdrawn from the European Union’s ‘Price Undertaking Agreement’ better known as the MIP (Minimum Import Price).
The European Commission has withdrawn Chinese solar panel manufacturer Shinetime China and its related company in the EU, Shinetime Europe, from the EU-China price undertaking.