Small steps taken to avert global solar panel price war
>
http://blogs.physicstoday.org/newspicks/2013/05/small-steps-taken-to-avert-global-solar-panel-price-war/
> The Obama administration and the European Union have each decided to
> negotiate settlements involving China’s $30-billion-a-year exports of
> solar panels. The Financial Times reports that the EU in particular
> has faced pressure from the German government, because Chinese
> premier Li Keqiang will visit Germany next week. The proposed
> settlement, which might take months to negotiate, splits the globe
> into regional markets and eliminates steep import duties on Chinese
> solar panels. The price of panels will rise naturally: Quotas will be
> introduced which in turn, might make solar power less competitive
> with fossil fuels. In the past four years, a glut of solar panels
> from China has caused prices to collapse globally by 75% and has
> driven some US companies like Solyndra into bankruptcy.