The European Commission blocked EU funding for solar inverter projects involving Huawei, citing security risks. The decision is a negative regulatory overhang for Huawei-linked renewable energy projects and could affect procurement and funding access across the EU. The move also reinforces tighter scrutiny of Chinese technology suppliers in critical infrastructure.
The European Commission blocked EU funding for solar inverter projects involving Huawei, citing security risks. The decision is a negative regulatory overhang for Huawei-linked renewable energy projects and could affect procurement and funding access across the EU. The move also reinforces tighter scrutiny of Chinese technology suppliers in critical infrastructure.
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