SMA Solar Says Insecurity Over China Dumping Fees Hurting Orders
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SMA Solar Technology AG Chief Executive Officer Pierre-Pascal Urbon said speculation over possible anti-dumping fees for Chinese solar products in Europe is weighing on orders at the world’s biggest maker of inverters.
The insecurity over tariffs has unsettled investors in Europe, caused banks to tighten lending and led to the delay or cancellation of projects, Urbon said today in an interview. European solar installations may drop more than 45 percent to below 9 gigawatts in 2013, also on falling subsidies, he said.