EU starts its most signficant anti-dumping investigation ever: on solar.

PV Tech: “The European Commission will conduct an investigation into anti-dumping claims initiated by SolarWorld and more than 20 European companies within the PV industry over wafers, cells and modules imported into the EU from Chinese manufacturers. The Commission has 15-months to investigate the claims and release its findings, while any possible sanctions would need to be imposed by December, 2013. The Commission noted in a statement that; ‘in terms of import value affected, this is the most significant anti-dumping complaint the European Commission has received so far: in 2011, China exported solar panels and their key components worth around €21 billion to the EU.’ In response to the anti-dumping proceedings beginning, SolarWorld said that it welcomed the decision by the European Commission. SolarWorld through an ad hoc association, dubbed EU Pro Sun, which included over 20 manufactures within the EU, filed allegations of dumping with the Commission on the 25th of July, 2012.” Interim findings are due in June.