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China’s PV sector eyes opportunities under EU’s new energy plan
REEI 2022/05/23
China and the EU have bright cooperation prospects in the photovoltaic (PV) sector despite certain differences, industry sources and experts said on Thursday, after the EU unveiled a 210 billion-euro ($220.4 billion) energy plan.
According to the green transition plan called "REPowerEU", the EU plans to save up to 35 billion cubic meters of natural gas by 2030 through energy saving, diversification of energy supplies, and the accelerated roll-out of renewable energy, in a bid to ensure energy security and achieve a clean energy transition.
The source said that with the acceleration of the layout and application of PV, the EU will import more solar modules due to its high dependence on overseas manufacturers.
Guest post from Global Times