Solar panels stand on Dave Duttlinger’s farm that he leases to Dunns Bridge Solar LLC in Wheatfield, Indiana, US, seen on this drone view on April 5. Reuters-Yonhap
Senior diplomats from Korea and the United States mentioned the necessity for a joint response to the potential penalties from overcapacity in China’s photo voltaic trade at their vitality safety talks in Houston, Texas this week. a Seoul official stated on Friday.
Deputy Foreign Minister for financial affairs Kim Hee-sang made the feedback whereas he and US Assistant Secretary of State for the Bureau of Energy Resources Geoffrey Pyatt chaired the tenth Energy Security Dialogue (ESD), Tuesday.
“As the problem relating to the overproduction of merchandise in China’s photo voltaic trade is now an essential one, which has a destructive impression on the entire world, (we) mentioned how Korea and the US can cooperate,” he stated in Yonhap News Agency.
He famous that discussions of joint responses revolved round a two-fold method involving particular person international locations’ import management measures towards China’s provision of extreme subsidies, and cooperation to develop extra technologically aggressive merchandise.
“We have discussions to cooperate in responding to China’s low-cost offensive by way of superior applied sciences of respective international locations to provide extra technologically superior merchandise,” Kim stated.
The ESD was organized to debate bilateral collaboration on decarbonization efforts, clear vitality cooperation, and securing numerous vital mineral provide chains, the State Department stated earlier than the assembly final week. (Yonhap)
