Ten years ago, the European photovoltaic industry almost perished under the onslaught of Chinese competition. Today, companies such as Longi, Trina Solar, Jinko Solar and Risen hold well over 80 percent of the global market share. According to the German Federal Statistical Office, around 87 percent of photovoltaic systems imported to Germany in 2022 came from the People’s Republic. Europe’s domestic photovoltaic industry is only slowly being rebuilt. And so it is easy to panic the young companies with horror reports.