On September 8, Renew Europe announced that three Rapporteurs had completed the draft report of the EU Industrial Accelerating Act (translated into Chinese as the Industrial Acceleration Act) and revealed the core measures of the draft.
First, by 2036, the threshold proportion of purchasing European locally manufactured products and low-carbon products in strategic industries will be raised to 50% . To ensure that public funds support the development of local industries and the realization of sustainable development goals; Second, to expand the scope of strategic materials, in addition to steel, aluminum, cement, building plastic materials will be included in the scope of strategic materials; The third is to increase the proportion of EU local supply in net-zero technology products, covering wind turbines, solar photovoltaic modules , heat pumps and nuclear power plant related equipment, in order to enhance the strength of European industry. Consolidate its competitive advantage in the green transformation. In March
this year, foreign media reported that the European Commission had passed the legislative proposal of the Industrial Acceleration Act, which planned to set EU local content requirements for products supported by public funds, including photovoltaic products and battery energy storage systems.
The proposal proposes that within three years from the date of entry into force of the Act, photovoltaic projects awarded through public procurement, net-zero technology auctions and public support schemes should be approved. Solar inverters and solar cells manufactured in the EU, or their equivalents, must be used. (For details, please click: Is China's Optical Storage Overseas Market Going to "Collapse"? Europe strongly promotes local manufacturing of photovoltaic and energy storage)
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