Accelerate the World's Transition to Sustainable Energy - to fight Anthropogenic Climate Change, page-12800

These greenie halfwit socialists don't realise that their idiotic policies are destroying the Western world as more EU manufacturing moves to Asia/China.
EU Wind turbine manufacturers are losing money even in a wind energy boom.


"
While Chinese makers have made only modest inroads outside their home country, analysts say they have used the large volumes of sales in China to hone their manufacturing skills and train large work forces that can deliver turbines at prices well below those asked by their Western rivals.
“Europe is now facing the very real possibility that the E.U. energy transition will be created by China,” Siemens Gamesa warned in a recent paper asking for support from European governments.
Chinese companies already produce as much as 70 percent of the components that make up turbines used in the West, according to Mr. Lico. “China is the epicenter of the global wind supply chain,” he said, referring to makers of components.
Mr. Andersen of Vestas attributes a large portion of the industry’s woes to competitors selling machines at low prices to win orders. “I think the industry here has to wake up to our own responsibility,” he said, adding that some equipment makers “were selling turbines at loss-making prices.”
The difficulties come as European governments are calling for more wind farms. The European Union recently increased already ambitious targets for wind generation by the end of this decade to almost triple the amount available at the end of last year."

Its so serious that you really have to wonder how dumb are these greenie halfwit Politicians in Europe?

https://finance.yahoo.com/news/siemens-energy-troubled-wind-takeover-144633900.html

https://balticwind.eu/in-fear-of-ch...ate-of-the-continents-makers-of-solar-panels/