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Published on: 06. March 2024

Solar industry: Greater independence from China would significantly increase the cost of the energy transition

Solarenergie Wirtschaft, Bauen, Solarenergie: Arbeiter installieren eine Photovoltaikanlage auf dem Dach eines Hauses. Rietberg Nordrhein-Westfalen Deutschland *** Solar Energy Economy, Building, Solar Energy Workers install a photovoltaic system on the roof of a house Rietberg North Rhine Westphalia Germany Copyright: xDavidxInderliedx
Europe wants to build up its own solar industry and reduce its dependence on China. However, major companies are threatening to relocate their plants. They require billions in subsidies, which would significantly drive up the costs of the energy transition. However, there are other proposals.

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Last updated: 24. July 2025
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