https://api-en.tavria.tv/news/economics/european-solar-companies-are-experiencing-serious-difficulties/
European solar companies are experiencing serious difficulties
European solar companies are experiencing serious difficulties
<p>GENICHESK. TAVRIA. <a href="https://www.reuters.com/business/energy/losing-hope-rescue-some-european-solar-firms-head-us-2024-04-15/">Reuters</a> reports that over the past year, at least 10 solar companies in Europe have said they are experiencing financial difficulties. And while the EU is trying to remedy the situation, many have decided to move their production to the US.</p> <p>The Freiberg plant, for example, closed in mid-March, leaving 500 workers unemployed. The German Ministry of Economy is aware of the "very serious situation" of German companies and has been looking for ways to solve the problems for the second year, but with no success.</p> <blockquote> <p>"Europe-based manufacturers that supply those panels are being crushed by competition from China and the U.S., whose governments give more support to their producers," is stated in the article.</p> </blockquote> <p>It is reported that even though demand for wind and solar energy is increasing, Germany and other EU countries are still struggling to cope with the challenges and competition. China, for example, accounts for 80% of the world's solar energy production capacity.</p>
<p>GENICHESK. TAVRIA. <a href="https://www.reuters.com/business/energy/losing-hope-rescue-some-european-solar-firms-head-us-2024-04-15/">Reuters</a> reports that over the past year, at least 10 solar companies in Europe have said they are experiencing financial difficulties. And while the EU is trying to remedy the situation, many have decided to move their production to the US.</p> <p>The Freiberg plant, for example, closed in mid-March, leaving 500 workers unemployed. The German Ministry of Economy is aware of the "very serious situation" of German companies and has been looking for ways to solve the problems for the second year, but with no success.</p> <blockquote> <p>"Europe-based manufacturers that supply those panels are being crushed by competition from China and the U.S., whose governments give more support to their producers," is stated in the article.</p> </blockquote> <p>It is reported that even though demand for wind and solar energy is increasing, Germany and other EU countries are still struggling to cope with the challenges and competition. China, for example, accounts for 80% of the world's solar energy production capacity.</p>
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European solar companies are experiencing serious difficulti...

European solar companies are experiencing serious difficulties

15.04.2024|Саша

Photo: PxHere.com

GENICHESK. TAVRIA. Reuters reports that over the past year, at least 10 solar companies in Europe have said they are experiencing financial difficulties. And while the EU is trying to remedy the situation, many have decided to move their production to the US.

The Freiberg plant, for example, closed in mid-March, leaving 500 workers unemployed. The German Ministry of Economy is aware of the "very serious situation" of German companies and has been looking for ways to solve the problems for the second year, but with no success.

"Europe-based manufacturers that supply those panels are being crushed by competition from China and the U.S., whose governments give more support to their producers," is stated in the article.

It is reported that even though demand for wind and solar energy is increasing, Germany and other EU countries are still struggling to cope with the challenges and competition. China, for example, accounts for 80% of the world's solar energy production capacity.


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