China backing Europe's green energy transition

Chinese manufacturers of photovoltaic products have become indispensable partners in the European Union's push to reduce usage of fossil fuels

As Europe aggressively pursues a green energy transition to reduce its reliance on imported traditional fuels, Chinese new energy companies are playing a pivotal role by providing high-quality photovoltaic solutions, industry experts said.

This collaboration is crucial as the European Union aims to significantly increase its renewable energy consumption, despite its own limited production capacity, they said.

Chinese PV manufacturers have become indispensable partners in Europe's energy transition. Their technological advancements, coupled with economies of scale, have delivered high-quality solar panels at competitive prices, making renewable energy more accessible and accelerating deployment across the continent, said Lin Boqiang, head of the China Institute for Studies in Energy Policy at Xiamen University.