Analysis

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

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Published: March 6th, 2024,
Last updated: May 30th, 2025

Cheap Chinese imports have plunged European solar module manufacturers into a crisis.
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The European solar industry is reeling. Chinese competitors are flooding the global market with state-subsidized modules at dumping prices, and European suppliers are increasingly losing competitiveness due to falling prices. Europe’s biggest manufacturer, Meyer Burger, threatens to relocate to the United States, which offers attractive subsidies. German manufacturers are also pleading with the German government for help. If they don’t receive help soon, they, too, could go out of business.

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Economy Industry Solar Europe China Net Zero Industry Act