Solar module prices reached a new low this week, says Leen van Bellen, business development manager Europe for Search4Solar, a European purchasing and selling platform for solar products. He tells pv magazine that prices will remain low in the short term.
There are legitimate strategic concerns with sourcing things long-term from potentially hostile states.
Europe should absolutely take advantage of current Chinese production to improve their own green energy efforts, but looking into local production in addition is not just a ‘for-show’ move. As sanctions on Russia show, dependence on markets that can potentially turn hostile can be very damaging.
Sure, that’s what I threw in the “politically advantageous” bucket to not expand on it too much
Though I do not expect China to blackmail Europe with solar, but I see the concern.