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In July 2024, the European Union officially enacted the Net-Zero Industry Act (NZIA), designating solar PV as a “strategic technology” and mandating that 40% of clean energy equipment must be produced locally by 2030. While this poses challenges, it also opens doors for agile global players—especially Chinese solar leaders.
Key Policy Highlights:
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Local Content Rule: 40% of solar panels and inverters sold in the EU must be made in Europe;
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Fast-Track Permits: PV project approvals streamlined to 6 months;
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Funding Priority: EU Innovation Fund to subsidize local supply chains.
Strategies for Chinese Companies:
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Local Production: Leaders like LONGi and Trina Solar can expand EU-based manufacturing to bypass trade barriers;
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Tech Partnerships: Collaborate with European firms on TOPCon, perovskite tandem tech to meet sustainability criteria;
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Offtake Agreements: Secure long-term contracts with utilities (e.g., EDF, RWE) to lock in market share.
Call to Action:
The NZIA is de facto ‘green protectionism,’ but Chinese companies still dominate in cost and R&D. A ‘Made-in-Europe-with-China-Tech’ model could be the winning formula. Is your business ready for the EU’s new rules? Contact Sunforson at info@sunforson.com for a tailored cost-effective and high-quality photovoltaic system mounting solution.
