The European Commission has proposed an alternative floor price setting mechanism to replace the minimum import price’s (MIP) current linkage to Bloomberg prices.
Plans for a major financial package to support India’s domestic PV manufacturers have been cancelled by the Indian government in order to be reshaped for the current state of the industry, according to a source close to the issue.
Delegations from the US and India have agreed that India has until 14 December this year to enact the ruling of the World Trade Organisation (WTO) against its local content policy for solar equipment.
Should the Suniva trade case proposals get approved, two thirds of the US solar pipeline expected to come online over the next five years could be wiped out, according to a new report from GTM Research.
Following on from the successful year for solar that was 2016, the US market added 2,044MW of new capacity in Q1 2017 alone. As installations grow, prices continue to fall to new lows and utility-scale system prices dropped below US$1/Watt for the first time according to GTM Research.
UPDATED: India solar manufacturers have filed an anti-dumping petition with the Ministry of Trade and Commerce against Chinese solar cells and modules, according to a report from consultancy firm Mercom Capital Group, although no official notification has been released so far.
The US International Trade Commission (ITC) has elected to launch an investigation into Suniva’s trade complaint under Section 201 of the 1974 Trade Act. The body will decide whether to raise import prices on modules as per the bankrupt module manufacturer’s request.
Suniva’s petition to the US International Trade Commission (ITC) puts PV demand at risk by the uncertainty created among investors and the global supply chain, argues market research firm IHS Markit.
The complaint filed by Suniva is not a revival or renewal of the longstanding anti-dumping and anti-subsidy cases, however, it’s something different all-together. For want of a better phrase, it’s the nuclear option, and ultimately, President Trump has his finger on this red button too.
