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The situation inEurope is becoming more complicated. In response to the growing energy crisis,the EU is brewing a major plan. The EU will announce next week a plan to"digitize the energy system" to end dependence on Russia's fossilfuels, requiring 565 billion euros (about 3.9 trillion yuan) in infrastructureinvestments by the end of 2030, including solar energy and new energy vehicles.multiple fields.

Meanwhile,France will also have new plans. French President Emmanuel Macron revealed inhis latest speech that a bill on renewable energy development will be presentedat a cabinet meeting next week, with plans to increase France's solar capacityby 10 times by 2050 and increase the power generation capacity of onshore windfarms doubled. According to Bloomberg, the European Union will announce nextweek a plan to “digitize the energy system”, which is committed to promotingthe development of renewable energy to end dependence on Russia’s fossil fuels,requiring 565 billion euros (approximately RMB) to invest in infrastructure bythe end of 2030. 3.9 trillion yuan).

Accordingto the report, the main key investment projects of this plan include theinstallation of solar panels on the roofs of all commercial and publicbuildings in the EU by 2027. Install solar panels on the roofs of all new homesin the EU by 2029. Install 10 million heat pumps in the next 5 years. At thesame time, the EU's plan also includes, starting from 2024, promoting thesharing mechanism of power data and improving the flexibility of the EU energymarket, such as allowing solar panels and electric vehicles to reconnect powerdata to the network.

Inaddition to the 3.9 trillion major plans brewing in the EU, France will alsohave new plans. On September 22, local time, French President Emmanuel Macronrevealed in his latest speech that a bill related to the development ofrenewable energy will be submitted at a cabinet meeting next week. Macron saidin his speech that France needs to accelerate significantly and at least doublethe speed on renewable energy projects. Increase France's solar capacitytenfold by 2050 and double the output of onshore wind farms. According to hisstatement, the new measures will shorten the approval time for renewable energyprojects, such as the construction and start-up approval time of offshore windfarms will be shortened from the current 10-12 years to within 6 years, whilethe time for large solar farms will be shortened from 6 years. shortened to 3years. In addition, Macron also revealed that in the future, new facilities canbe connected to the grid immediately after completion, instead of waiting foranother three years for approval as now.

Accordingto the development trend of the photovoltaic industry in Europe, we will seizethis opportunity to further develop the European market. To make our productsfurther enter the European market  andmake us a leading supplier and a banner in the European photovoltaic industry.