September 22, 2009 / 12:53 PM / 10 years ago

German solar group to decide anti-dumping plan soon

HAMBURG, Germany (Reuters) - German solar industry association BSW will decide by the end of the year whether to seek regulatory action over alleged dumping by Chinese rivals, its managing director told Reuters.

“We will take it to (the European Union in) Brussels if we observe distortions of competition,” Carsten Koernig said at the European Photovoltaic Solar Industry Conference in Hamburg.

BSW’s review of the allegations would take about two weeks to complete, Koernig said.

“We don’t like to take that path,” he said, but added the German industry should defend itself if the allegations can be substantiated.

BSW is examining, for instance, the conditions under which Chinese solar producers can borrow money from domestic banks, he said.

China in July launched a fresh solar support program featuring a 50 percent subsidy for investments in solar power projects. That could help cut production costs that are already among the world’s lowest.

Any steps by BSW would need the backing of around a quarter of German and European solar companies, Koernig said.

German solar company Conergy has already sought to rally support to call on the European Union to examine Chinese pricing tactics.

“It cannot be the aim of our environmental and economic policy to lose to the Far East our pioneering role with regard to the last great future technology, which was raised here with great efforts,” Dieter Ammer, CEO at Conergy, Germany’s second-biggest solar group by revenue, said in August.

Reporting Christoph Steitz and Anneli Palmen; Editing by David Holmes

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