How does the EU respond to China s solar impact on the European market?

Mondo Technology Updated on 2024-03-07

Solar hegemon China, Europe surprised with "goodwill" moves!

The solar sector has always been the focus of global attention, and the latest news has caused a lot of buzz in the industry. EU member states discussed the plight and countermeasures of the European PV industry at a meeting in Brussels, however, tariffs on Chinese solar modules are no longer on the table, what does this mean exactly, according to EU News **euractiv?

The European Commission's energy commissioner, Kadri Simson, reportedly emphasized a position before and after the meeting: "We cannot close borders. She highlighted the advantages of cheap solar modules, saying we have benefited greatly from the record number of installations. European industry must be supported, but at the same time it must ensure that everyone has access to the products they need to meet the EU's climate goals. This stance begs the question of how the EU will respond to competitive pressures in the solar sector.

More interestingly, the EU Commissioner for the Internal Market, together with the Commissioner for Energy, has proposed a "European Solar Charter", which means that Europe may take steps to protect domestic industries, but the details are still to be revealed. Could such a move make a real difference? Let's wait and see.

However, for some industry representatives, the move was not perfect. Industry associations of European solar module producers have expressed displeasure and are advocating for a second round of anti-dumping duties. Meyer Burger and other companies have announced the closure of factories in Germany and relocation to the United States. It remains to be seen whether this move will trigger more variables.

At the same time, Chinese companies are also building solar module factories in the United States, including well-known companies LONGi Green Energy Technology and Trina Solar. Does this mean that Chinese solar companies will further expand their presence in the global market? Perhaps this will lead to more attention and**.

In this uncertain solar market, who can have the last laugh, let's wait and see and witness the future of the solar industry!

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