China's Module Price Reduction, European Photovoltaic Facing Bankruptcy

2023-09-12 17:43:52

We urgently call on the European Union to save the photovoltaic supply chain in Europe.

Letters from the

European solar industry have recommended that the European Commission urgently acquire stocks of European solar manufacturers and speed up the development of regulatory plans to ban forced labor products.

"We all agree that uncontrolled price falls are a major risk for the industry and that EU leaders must take urgent action." Walburga Hemetsberger, Solar Europe's chief executive, called.

Recently, according to extranet, European Solar (Organization) warned in a letter to the European Commission that if the price of imported modules continues to fall, it will be https://www.databm.

to Europe. A flood of cheap imports has pushed some European manufacturers to the brink of bankruptcy and stymied EU efforts to promote green manufacturing at home. The soaring

inventory and the low-price market seizure by Chinese enterprises in Europe have led to a drop of more than 1/4 in the price of photovoltaic modules in Europe since the beginning of this year. "Although the price drop is usually welcome news, if not controlled, it will have a serious impact on our (EU) open strategic autonomy.". In the short term, this poses a real challenge to domestic competitiveness and the rebirth of solar manufacturing in the EU. "We urgently call on EU leaders to save Europe's photovoltaic technology supply line ," Walbuga Hermetzberg said.

Although Europe's domestic manufacturers seem to be having a hard time, at the policy level, the EU is still stepping up efforts to promote the share of renewable energy in Europe. This week, the European Commission will vote on an energy plan that will give the EU 45% of its energy from renewable sources by 2030.

Since the Ukraine crisis broke out in 2021, Europe has sought to reduce its dependence on Russian natural gas, and solar energy is an important part of this goal. But now it looks like the wolf has been driven away and the tiger has been introduced. China's position as the leader of the solar energy supply chain means that 3/4 of the EU's photovoltaic products will be imported from China.

This has also raised new concerns among many people in the EU.

prices means that the EU's goal of producing a 30GW solar supply chain in Europe by 2030 is" being tightened. Heavy risk. The wind industry has made similar calls to Brussels, home of the European Union, fearing that turbine makers are also being undercut by Chinese competitors.

In another letter on Monday, more than 40 solar companies, including Meyer Burger, a Swiss company, and Heckert Solar, a German photovoltaic manufacturer, signed up to the call for European solar.

In this second letter, European Solar mentions that spending on solar modules increased from €6 billion in 2016 to more than €25 billion last year, resulting in the current existence of a large number of Chinese solar panels in European warehouses. According to the report, the storage capacity of photovoltaic cells in China is enough to meet more than twice the total demand in Europe for the whole year.

European solar industry have recommended that the European Commission urgently acquire stocks of European solar manufacturers and speed up the development of regulatory plans to ban forced labor products.

"We all agree that uncontrolled price falls are a major risk for the industry and that EU leaders must take urgent action." Walburga Hemetsberger, Solar Europe's chief executive, called.

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We urgently call on the European Union to save the photovoltaic supply chain in Europe.

2023-09-12 17:43:52

The title is "Statistics of Highway Construction Investment from January to June 2025". This is about the statistics of highway construction investment in the first half of 2025, including the data of the whole country and provincial administrative regions, including the cumulative value since the beginning of the year and the cumulative year-on-year situation. In the cumulative year-on-year data, the value of Hainan is more prominent, the values of Liaoning and Shanghai are relatively high, and the value of Jilin is relatively flat. Local data reflect different trends of highway construction investment in different regions.