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Cheap solar panels from China are all over Europe – and everyone is freaking out

Baua Electric

Photo by Pixabay on Pexels.com Europe is installing more solar panels than ever before, thanks to a flood of cheap Chinese solar panels, driving installations by 40% last year. European local solar panel manufacturers have reached a crisis in that they say they can’t compete with cheap imports and oversupply.

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T&E study claims EU’s biofuels policy has wiped out forests the size of the Netherlands

Green Car Congress

This drove up demand for cheap crop-based biodiesel, such as palm and soy oil, which is mainly sourced from Asia and South America. The European Renewable Energy Directive (RED) was introduced in 2010, setting a 10% renewable energy target for transport by 2020 for each member state.

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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

But it has come under harsh scrutiny from Europe in particular, due to subsidy policies that put Europe at a competitive disadvantage, all while being thrust into a trade war with North America and Europe. China last year overtook Japan as the world’s biggest car exporter ­– but most of those were ICE vehicles sold to Russia.

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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union. But now Europe may enforce its own tariffs.

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Why is Hydroelectricity So Green, and Yet Unfashionable?

Cars That Think

There is no end of gushing about China’s cheap solar panels—but when was the last time you saw a paean to hydroelectricity? You would think this is about as “green” as it can get, but in 2022 that would be a mistake. Construction of large dams began before World War II. GW (the largest in the world); Xiluodu, 13.86 GW; and Wudongde, 10.2

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China gave BYD an incredible $3.7 billion to ‘win’ the EV race

Baua Electric

Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports – made by cheap labor – entering the European Union. Inflation Reduction Act.

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BYD has no plans to enter the US Market amid “complications’ [Feature]

Teslarati

The Inflation Reduction Act (IRA) of 2022 aims to encourage companies to invest in North America or nations with US trade agreements. Economist says cheap Chinese EVs should be kept out of U.S. However, it is not crossing off all of the Americas. It also incentivizes companies to build supply chains within those same parameters.

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