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EU starts subsidy probe of Chinese solar panels (4)

By Du Juan in Beijing and Ariel Tung in New York (China Daily)

08:26, November 09, 2012

Aaron Chew, a renewable energy analyst at the Maxim Group, a New York investment bank and asset management company, said a trade war between the US and China would greatly harm the solar industry.

"Whether you're talking about module makers or installers of solar panels in the US, Europe or China, obviously you don't want a trade war," Chew said.

"Ultimately, solar has to get its price down. This trade war is going to prevent solar from making any progress."

In general, solar tariffs are "a bad idea", said Tom Gutierrez, CEO of GT Advanced Technologies, which supplies equipment to manufacturers of solar panels. He said the only way the US and China can ease their trade tensions is to hold further constructive talks.

Contact the writers at dujuan@chinadaily.com and atung@chinadailyusa.com

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