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Avoiding Dependency: Lessons from Solar's China Shift
Growing dependency on China for battery and solar panel production presents significant risks, highlighting the need for vigilance to prevent a repeat of the solar industry’s trajectory. The rapid move of solar manufacturing to China, driven by joint ventures and market closure, has resulted in low-cost production that undermines European competitors. Proactive measures must be taken to preserve competitiveness in the wind industry and avoid similar pitfalls in other renewable sectors.