Despite the EU sourcing a record 47% of its energy from renewables in 2024 and investing heavily in the sector, much of the technology driving this green transition is still imported.
In 2024, 92% of the world’s supply of solar photovoltaic (PV) panels and 82% of wind turbines came from one country—China. There are no European firms in the solar PV producers top ten. And while the world’s number one wind turbine manufacturer, Vest… [6896 chars]
Source: Fortune | Published: 2025-10-15T07:30:00Z
Credit: Fortune