EU to cut funding for Chinese converters amid change of tack towards Beijing

At a top-level meeting of her 26 department chiefs in March, European Commission President Ursula von der Leyen quietly approved a plan to stop EU funds from going to clean technology projects containing Chinese inverters. Inverters are the essential power electronics at the heart of solar and wind systems. Industry groups estimate that Chinese companies led by Huawei Technologies control more than 220 gigawatts of Europe’s installed solar capacity via the devices. The commission wants to...

By Finbarr Bermingham