EU cancels MIP status of Neo Solar Power, Motech China …

The European Union (EU) has removed China-based subsidiaries established by Taiwan-based Neo Solar Power and Motech Industries from the MIP (minimum import price) framework, according to China-based media reports.

The EU imposed anti-dumping and anti-subsidization tariffs on China-based PV module makers in 2013, but later reached an agreement to set an import quota and a minimum import price for China-produced PV modules in lieu of the tariffs. The MIP framework is based on the Bloomberg average international price for PV modules.

In 2015, the EU investigated Taiwan- and Malaysia-based solar cell or PV module makers suspected of providing false production origin certificates, enabling China-based PV module makers to circumvent the MIP restrictions. 21 Taiwan-based makers were subsequently cleared in the anti-circumvention investigation.

Because Neo Solar Power and Motech can directly export Taiwan-produced PV modules to Europe without being subject to MIP restrictions, the EU sees it unnecessary to put their China-based subsidiaries under the MIP framework.

Categories: Green energy Solar

Tags: China EU Motech Motech Industries Neo Solar Neo Solar Power

Companies: Motech Industries Neo Solar Power

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