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European Solar Firms Seek Inquiry into Chinese Subsidies

10:35 AM MDT | September 26, 2012 | Rebecca Coons

EU ProSun, a consortium of european Union (EU) solar panel manufacturers, has filed an official complaint with the European Commission over Chinese solar subsidies that ProSun says "have fed massive overcapacity" in the solar industry. "Massive subsidies and state intervention have stimulated overcapacity more than 20-times total Chinese consumption and close to double total, global demand," says Milan Nitzschke, President of EU ProSun. "Hence, more than 90% of Chinese production had to be exported. Irrational overproduction on...

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