Chinese Solar Panels

Struggling Chinese makers of solar panels turn themselves into customers by building solar farms

Beijing unveiled a plan in July to quadruple China's solar generating capacity to 35 gigawatts by 2015. Photo: Reuters

China’s loss-making makers of solar panels believe they may have found a way out of their nightmare – by becoming one-stop renewable energy shops with their own solar farms.

Friday, 8 November, 2013, 3:38pm

Beijing to give glut-weary solar panel makers tax breaks

Suntech Power's unit in Wuxi, Jiangsu province, was forced into bankruptcy this year amid a global glut in solar panels. Photo: Xinhua

The Ministry of Finance announced on Sunday it will offer tax breaks to manufacturers of solar power products, as China moves to support an industry still struggling to deal with massive overcapacity and weak demand.

The ministry said in a short statement on its website that producers of solar power products will receive immediate refunds of 50 per cent of value-added taxes.

30 Sep 2013 - 11:27am

Loopholes likely to soften solar panel tariff war

Panel makers on the mainland have already been suffering from industry-wide losses because of oversupply and sharp falls in product prices. Photo: Xinhua

Beijing is tipped to launch retaliatory tariffs soon on European-made polysilicon, the raw material for solar panels, after Brussels slapped preliminary duties on mainland-made panels early this month.

However, analysts expect the impact of any tariffs to be limited by likely loopholes.

15 Jun 2013 - 4:03am

Letters to the Editor, June 11, 2013

Chinese white dolphins swim off Lantau. Photo: K. Y. Cheng

Urgent action needed to save dolphins

Urgent action is needed to conserve and rebuild the Chinese white dolphin population, in the wake of alarming news last month that the 2012 figures for the numbers of dolphins inhabiting Hong Kong waters were even lower than in 2011 (78 compared with 158 in 2003).

11 Jun 2013 - 1:44am 1 comment

EU blinks first as China flexes its solar muscles

China's Premier Li Keqiang

Premier Li Keqiang's personal intervention in Beijing's €20 billion (HK$202.7 billion) solar panel dispute with Brussels signals a more direct approach to trade diplomacy in key strategic industries.

Li's last-minute call to European Commission chief Jose Manuel Barroso on Monday secured a two-month window to further talks on a solution.

6 Jun 2013 - 4:48am

EU slaps tough tariff on Chinese solar panels

EC says mainland sold solar panels 88 per cent below cost. Photo: AFP

The European Commission imposed anti-dumping duties on imports of Chinese solar panels yesterday, defying German-led opposition and dire warnings from Beijing that the move could spark a trade war.

5 Jun 2013 - 4:05am

EU nations back off from punitive solar panel duties

Mainland solar panel output quadrupled between 2009 and 2011.

Shares in Chinese solar panels and parts makers rose after a survey showed that most European Union nations were opposed to Brussels's plan to impose punitive import duties averaging almost 50 per cent on mainland solar power products.

29 May 2013 - 5:08am

Germany rejects EU tariffs on Chinese-made solar panels in bid to avert trade war

Li Keqiang and Angela Merkel address a news conference after talks in Berlin yesterday in which trade issues dominated. Photo: Reuters

Germany told the European Commission yesterday that it rejected a proposal to slap tariffs on Chinese solar panel imports. Chancellor Dr Angela Merkel had pledged earlier during a visit by Premier Li Keqiang to take steps to avoid a brewing trade war between China and the European Union.

28 May 2013 - 8:47am

Talking points

Lights, camera, action for Cannes festival

Lights, camera, action for Cannes festival

15 May 2013 - 3:06am