EU cannot close borders to solar imports, energy chief says

The European Union should support struggling European manufacturers of solar panels, but cannot close its borders to imports of such products, EU energy policy chief Kadri Simson said on Monday.


Reuters | Updated: 04-03-2024 14:19 IST | Created: 04-03-2024 14:19 IST
EU cannot close borders to solar imports, energy chief says

The European Union should support struggling European manufacturers of solar panels, but cannot close its borders to imports of such products, EU energy policy chief Kadri Simson said on Monday. Factory closures among Europe's few solar panel makers have prompted the industry to seek emergency

support from Brussels - potentially including trade restrictions on cheap Chinese imports that European companies have struggled to compete with.

However, Simson ruled out cutting off imports, which she said could compromise the EU's ability to install enough solar energy capacity to meet climate targets. Most solar panels and parts deployed in Europe are imported from China. "There are different proposals how we can support our industry, but clearly we cannot close our borders because we need solar panels," Simson told reporters on her arrival to a meeting of EU countries' energy ministers.

"We have to support our industry, but we need all the products to meet our very ambitious targets," she added. EU countries installed record levels of solar capacity last year, 40% more than in 2022. Most of those panels and parts came from China – in some cases, 95%, International Energy Agency data show.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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