There are fears of a potentially costly trade war between Europe and China - after the European Commission introduced sharply higher tariffs on Chinese-made solar panels. European manufacturers claim Chinese solar panel makers are selling their products below cost. But some EU countries fear retaliation from China.
New estimates show Chinese-made solar panels account for about 80 percent of the world’s market share. But European manufacturers say that’s because Chinese manufacturers are not playing fair - selling their products far below cost - and driving the competition out of business.
Laurent Quittre, head of the Belgian solar panel company ISSOL, said the unfair trade practices are to blame for massive job losses
