Global Solar Market Could Be 'Carved Up'; US, EU, China in Negotiations
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According to reports in the New York Times, the US, EU, and China are in negotiations over solar panel anti-dumping cases. A plan is taking shape that would "carve up the global solar panel market into a series of regional markets."
If negations are successful, tariffs in the U.S. could be replaced.
The news comes amid a massive rally in solar stocks today. First Solar, Inc. (Nasdaq: FSLR), SolarCity Corporation (Nasdaq: SCTY), LDK Solar Co., Ltd. (NYSE: LDK), JA Solar Holdings Co., Ltd. (Nasdaq: JASO), and Real Goods Solar, Inc. (Nasdaq: RSOL) are among gainers.
If negations are successful, tariffs in the U.S. could be replaced.
The news comes amid a massive rally in solar stocks today. First Solar, Inc. (Nasdaq: FSLR), SolarCity Corporation (Nasdaq: SCTY), LDK Solar Co., Ltd. (NYSE: LDK), JA Solar Holdings Co., Ltd. (Nasdaq: JASO), and Real Goods Solar, Inc. (Nasdaq: RSOL) are among gainers.
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