Chinese solar stocks continue to rally amid reports the European Union and China are close to striking a deal to cap the annual volume of its solar panel exports. According to a Reuters report, the European Union and China are moving towards a deal to defuse a conflict over alleged dumping of solar panels in Europe. Maximum Exports Capped At 10GW According to the Reuters report, China will export a maximum of 10GW of PV modules to the European Union a year at a minimum price of €0.5/W. The European Union will, in return, levy no or low taxes on…
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