Germany is taking measures to protect the domestic and wider European wind industry as fears of being squeezed out by Chinese competition grow.
The economy ministry set out an action plan to ensure a level playing field in the sector, improve cyber security and reduce dependencies for critical components. The announcement came after policymakers met with representatives of European wind turbine manufacturers, and emphasized the need to particularly scrutinize Chinese manufacturers involved in European projects.
Source link : https://www.bloomberg.com/news/articles/2024-10-17/germany-takes-protective-measures-against-chinese-wind-industry
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Publish date : 2024-10-17 12:22:00
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