The EU’s Economic Security Doctrine has identified solar inverters as a high-risk dependency, a move which the European Solar Manufacturing Council (ESMC) has lauded.
Renewable energy sources provided 44.7% of the EU’s electricity consumption in 2023, according to data from Eurostat, the European Commission’s statistical office.
A €2.2 billion (US$2.3 billion) scheme to support investment into decarbonising industrial processes in Germany has been approved by the European Commission (EC).