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Solar industry: China is crushing Europe’s market with deadly price wars

Solar industry: China is crushing Europe’s market with deadly price wars

China is flooding the world with cheap solar modules. Europe’s solar industry has no chance in this deadly price war. Only politics can help, but the traffic light coalition does not agree.

This article is a take on Capital+, Capital’s premium digital offering. For you as star It is available exclusively to PLUS subscribers here for ten days. It will then be available again exclusively for Capital+ subscribers at . The business magazine Capital is like that star to RTL Germany.

The light is sometimes stubborn in the warehouse in Rotterdam, but slowly it is getting bright between the ten meter high shelves. The neon lights flicker a few times, then illuminate the seemingly endless hallways. “We are standing here between solar technology for millions,” says Zbyněk Doucha, who manages the warehouse of the Bavarian wholesaler BayWa. The boxes with the logos of the major Chinese solar manufacturers are stacked up just below the hall ceiling: Trina, JA Solar, Jinko. More than 90 percent of the goods come from China, and from here they go every day to the last corners of the EU. Business, we learn, is booming like it hasn’t been in a long time.

Source: Stern

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