Wood_Timber Mart

New CITES trade rules for Dalbergia Species

The inclusion of the genus Dalbergia in CITES Appendix II has been proposed in the 17th Conference of the Parties (COP) to the Convention on International Trade in Endangered Species (CITES), Johannesburg, South Africa in 2016. The proposed inclusion has been done to ensure that the legal trade does not become a direct cause of the extinction of these threatened species and will help curb illegal trade.  It was also proposed that the inclusion will control the international trade by eliminating the arduous task40

Solar photovoltaic

Solar issue between US and India reaches WTO

India has an ambitious solar program under the JNNSM (Jawahar Lal Nehru National Solar Mission) under which India aims to add 20,000 MW of solar power capacity by 2022. Read more on it here. What led to the dispute? India has a domestic content requirement to promote its domestic solar industry. Indian developers of solar photovoltaic (“PV”) projects are required to use solar modules manufactured in India in order to take full advantage of the subsidies offered under the mission.40

Solar photovoltaic

Solar Shipments show a rise

Solar shipments exceeded sale projections by 32% in Asia as per reports. Canadian Solar Inc. (CSIQ) , Guelph, Yingli Green Energy Holding Co. (YGE) and Trina Solar Ltd. (TSL) also surpassed their own projections. Yingli said shipments will rise 23 percent to 24 percent from the first quarter, compared with an earlier estimate of gains in the low- to mid-teens. China accounted for 23 percent of the Baoding, China-based company’s shipments last year, up from 6 percent in 2010. Throughout40

Solar photovoltaic

EU and China have reached a compromise with regard to the trade dispute of solar products

EU and China have reached a compromise with regard to the trade dispute of solar products. Chinese solar panels had been subjected to tariffs of 11.7% which could have been raised to 47.6% as anti dumping duties but the two parties were able to reach a consensus. Throughout the world, solar industry is increasingly being looked at a clean energy option and such a move can only help trade. Some EU member countries had cut back on subsidies because of40