Losing hope of rescue, some European solar firms head to US

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Losing hope of rescue, some European solar firms head to US
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Beers & Burgers: Harvey's To Go | SaltWire #harveys #burger #beer #foodbloggerFRIEBURG, Germany - European governments due to move to support their solar power manufacturers this week will be too late to stop solar panel maker Meyer Burger packing up a German factory to send production to the United States.

But Europe-based manufacturers that supply those panels are being crushed by competition from China and the U.S., whose governments give more support to their producers. Meyer Burger says its plans include a solar panel factory in Arizona and a solar cell factory in Colorado. Asked to comment, Norway's ministry of trade and industry said that it had launched an industrial policy framework targeting energy transition technologies including solar and batteries, but did not directly address questions about additional funding for the companies in this story.At Monday's meeting, industry association Solar Power Europe will launch a voluntary charter for governments and companies to sign in support of solar manufacturing plants.

"The charter will be more like a political declaration signed by member states, solar companies and the Commission, it's more long term, it has no immediate effect." Decisions about supporting industries or firms like Meyer Burger are down to member states, a spokesperson for the European Commission told Reuters. Germany's economy and climate ministry believes aid to maintain an existing company like Meyer Burger would not be legal"if there is a lack of market prospects from the company's perspective," a spokesperson told Reuters.

The company laid off around 10% of its employees last year and says its local panel production is running at roughly one-third of capacity. And local clean technology industries are so globally intertwined it's hard for European manufacturers to imagine a fully independent supply chain.

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