EU Commission to extend import duties on Chinese solar panels
The EU Commission is aiming for import duties on solar panels from China for the next 18 months. However, the Commission also proposes a gradual phasing out, says Commission Vice President Frans Timmermanns.
This Wednesday, the EU Commission presented a proposal to extend the import duties on solar panels by 18 months with a gradual phase-out, said the Commission Vice President, Frans Timmermanns, at a press conference Wednesday.
Recent months have seen several countries launch big plans for offshore wind, and there’s enormous potential, says Ørsted’s CEO. The option of a 20% capital raise provides the utility’s chief with a trump card to play should growth opportunities arise.
Recent years have seen crashing rotor blades, cracked foundations, and burning nacelles on a handful of turbines in the birthplace of offshore wind. Problems notwithstanding, the Danish utility’s CEO is convinced that such issues will not undermine confidence in technology.