Danish solar industry: "Chinese players laughing all the way to the bank"
It makes no sense for the EU to extend its import tariffs on Chinese solar panels, say players in the Danish solar industry, which point out that solar would be far stronger in Europe if the EU Commission did not have a minimum price imposed on Chinese solar panels when Chinese players want to sell them for cheaper.
"The only thing this achieves is making the shift to renewables in Europe more expensive. In my view it is completely illogical," says Nickolaj Hoff, CEO of Nordic Solar Energy, which invests and operates solar farms around Europe.
Although Chinese wind turbine manufacturers have gained a dominant position in the global market, they should not be involved in the tenfold increase of green energy capacity in the North Sea, according to several players.
In the first quarter, European Energy has signed a deal concerning construction of a new PtX facility in the city of Aalborg as the most recent move in the third prong of activities, which primarily consist of solar and wind energy. But the company’s CEO warns of political short-sightedness.
British electricity consumers have launched a class-action lawsuit against three European cable producers, including NKT. The consumer allege that the companies have been inflating prices for a number of years.