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Europe's Solar Industry Revival: Study Shows Path to Compete with China

New study reveals Europe can reshore solar manufacturing with only 14.5% price difference vs Chinese imports. SolarPower Europe and Fraunhofer ISE analysis shows path to compete.

This development matters because it represents a potential turning point in global renewable energy manufacturing and energy security. For decades, China has dominated solar panel production, creating supply chain vulnerabilities and geopolitical dependencies for Western nations. If Europe can successfully reshore solar manufacturing, it would create thousands of skilled jobs, reduce reliance on foreign supply chains, and strengthen energy independence at a time when geopolitical tensions highlight the risks of concentrated manufacturing. For consumers and businesses, this could mean more stable pricing, reduced import costs, and greater confidence in the long-term availability of clean energy infrastructure. Additionally, local manufacturing supports circular economy principles, making recycling and end-of-life management more sustainable. The relatively small price gap identified in the study suggests that with strategic policy support, European solar could become cost-competitive, potentially transforming the continent's energy landscape while advancing climate goals through domestically produced clean technology.