Technical FAQs 4

Why do Eu solar panels come from China?

This is due to lower production costs in China and the EU’s decision to lift tariffs on Chinese solar panels in 2018. According to Eurostat data, a staggering 98% of solar panels imported into the EU in 2023 came from China. In monetary terms, the EU imported €19.7 billion worth of solar PV panels from China in 2023.

How much solar energy did the EU import from China in 2023?

The EU imported €19.7 billion worth of solar photovoltaic panels from China in 2023. In 2023, the EU imported €19.7 billion worth of solar panels, €3.9 billion of liquid biofuels, and €0.3 billion worth of wind turbines from extra-EU countries, according to the Eurostat data.

Are Chinese-manufactured solar panels putting up in European warehouses?

Chinese-manufactured solar photovoltaic (PV) panels are piling up in European warehouses, with Rystad Energy forecasting 100 GWdc of solar capacity in storage by the end of 2023.

What is the EU export value of solar panels?

By contrast, the EU export value of wind turbines (€2.8 billion) was much higher than the corresponding value for imports. The EU import value of solar panels decreased by 43% between 2023 and 2024 (see Figure 2), due to a drop in prices, even though the quantity imported slightly increased by +2%.

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