Europe’s solar industry warns against tariffs on imports

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Disrupting the flow of Chinese products could severely impede the swift adoption of clean energy.

Manufacturers have voiced concerns over cheaper Chinese solar module oversupply, which forced them to lower prices.

The call comes as Brussels and European governments consider tougher action on imports as they seek to expand clean tech manufacturing in Europe and reduce the reliance on China for products needed for the green transition. Meanwhile, Germany is examining options including trade protections to shield local solar manufacturers from falling global prices, a government document seen by Reuters showed.

“Instead of sanctioning the entire industry through tariffs, we must incentivise solar installations that originate from resilient European solar production. This way, the deployment of solar energy can continue undisturbed while the European solar manufacturing can grow steadily,” said Erfurt, who is CEO of Swiss solar cell maker Meyer Burger.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Europe’s solar industry warns against tariffs on importsBRUSSELS, Oct 2 — Europe’s solar power industry has warned policymakers not to impose tariffs on imports, amid fears that disrupting supplies of products from China would...
Source: malaymail - 🏆 1. / 86 Read more »