BRUSSELS — Goodbye and goodnight.
That’s the European Union’s veiled message to its dying solar manufacturers in a draft declaration seen by POLITICO.
Chinese mass manufacturing has brought Europe’s solar makers to their knees and had prompted them to turn to Brussels for help. But while the European Commission, the EU’s executive, is set to back increased EU funding for the solar sector and consider relaxing some state aid rules, it won’t commit to the urgent support measures industry leaders want, according to the upcoming “European Solar Charter.”
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The approach will inevitably disappoint manufacturers who have already begun laying off hundreds of workers, even as it tries to craft a long-term plan to revive the industry.
