EU faces reality check as industry warns Chinese inverter phase-out is premature
By
Luca Bertuzzi
Summary
The European Commission is pushing to ban Chinese-made power inverters from EU-funded energy projects due to cybersecurity concerns, fearing they could be remotely manipulated to destabilize energy grids. However, industry experts and investors warn that European supply chains cannot yet replace Chinese suppliers in the near future, making a full phase-out unrealistic for now.
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Key quotes
· 3 pulledThe European Commission is pushing to ban China-made power inverters from all EU-funded projects, but a full phase-out in the near future appears unrealistic.
China-made inverters are deemed a cybersecurity liability, since manufacturers might be able to remotely manipulate them or even switch them off, destabilising energy
industry and investors are warning that European supply can't yet replace Chinese suppliers any time soon.
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