EU Bans Financial Support for Projects Using Chinese Inverters, Ministry of Commerce: "Firmly Opposed"!

The Digital New Energy DataBM. Com was informed that on May 7, A spokesman for the Ministry of Commerce answered reporters' questions on the EU's ban on providing financial support for the use of Chinese inverter projects.

The Chinese side said that the European side , for the first time, classified China as a so-called "high-risk country" without any actual evidence , and banned the provision of financial support for projects using Chinese inverters on this basis, which was a stigmatization of China. It also constitutes unfair and discriminatory treatment to Chinese products.

China refuses to accept it and firmly opposes it .

The EU's designation of China as a "high-risk country" will affect mutual trust between China and Europe, undermine bilateral economic and trade cooperation, undermine the stability of the production and supply chain between China and Europe and even the world, and even bring the risk of "decoupling and breaking the chain".

The EU's forcible measures to exclude Chinese products , contrary to market rules and the principle of fairness, will not only harm the interests of Chinese enterprises, but also bite back on itself, affecting the EU's green transformation and energy security .

China urges the European side to immediately stop stigmatizing China as a "high-risk country" and abolish unfair and discriminatory practices against Chinese products. China will pay close attention to and carefully assess the impact of European policies on the interests of Chinese enterprises and the production and supply chain between China and Europe, and will take measures to safeguard the legitimate rights and interests of Chinese enterprises.

According to the Financial Times on May 4, the European Union banned public funding for Chinese-made inverters on the grounds of so-called "security concerns".

The commission claims that imported inverters, which are used to control solar panel installations and other energy technologies, pose "one of the most pressing threats" to the EU's critical infrastructure . All financial support will cease as of November 1.