Brussels bans Chinese inverters from EU-funded power projects
Updated
Updated · South China Morning Post · May 5
Brussels bans Chinese inverters from EU-funded power projects
8 articles · Updated · South China Morning Post · May 5
An EU official said China, which supplies 80% of global inverters, was the only high-risk country with a dominant EU market presence; Huawei and Sungrow lead the sector.
Banks and other financial institutions must notify the European Commission by 15 May of ongoing projects, inside or outside the EU, using Chinese inverters connected to the EU grid.
Brussels will decide by 1 November whether to exempt advanced projects that cannot switch suppliers without delays, in what it called the first of several measures against high-risk suppliers.
Will the EU's ban on Chinese inverters secure its grid only to sacrifice its own ambitious climate goals?
After targeting inverters, what other critical Chinese technology is next on Europe's 'high-risk' chopping block?
Can Europe's industry rebuild fast enough to power its green revolution without China's dominant supply chain?