EU Bans Funding for Chinese-made Solar Inverters, Citing Grid Threat Concerns
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The European Union has announced it is cutting public funding for clean technology projects that use certain Chinese technologies, specifically Chinese-made solar inverters, due to concerns about potential risks to the EU's power grid. The ban, which took effect in early April for new projects, targets products from companies like Huawei and Sungrow Power Supply, with the EU planning to prioritize European or 'like-minded' suppliers such as Japan and the US.