The EU ban on issuing funds for energy projects using Chinese inverters could affect around 14% of the bloc’s solar demand through 2030, according to new analysis from energy market research firm Wood Mackenzie.
Chinese authorities have issued new national standards governing the energy and conversion efficiencies of PV modules, polysilicon production and inverters.
The Spanish Ministry of Ecological Transition (MITECO) has awarded more than €160 million (US$183 million) in funding to 40 clean energy manufacturing projects, three of which are for solar PV.