Another major module manufacturer pulling out of MIP. This is further proof that MIP is no longer effective in any way. As the major module manufacturers have production facilities all over the world now, MIP is becoming increasingly irrelevant. It is actually only serving to harm the European PV industry by artificially inflating prices. For the sake of industry all over Europe the time has well and truly come to say goodbye to MIP.
Leading global ‘Silicon Module Super League’ (SMSL) member JinkoSolar has officially announced that it is withdrawing from the EU minimum import price agreement, following a number of major China-based PV manufacturers and Taiwan-based producers. Under the EU anti-dumping agreement Chinese producers had to sell at a price above a fixed Minimum Import Price (MIP) or except anti-dumping (AD) and anti-subsidy (AS) duties, which for JinkoSolar were 41.2% and 6.5%, respectively.