[Solar: EU Funding Restrictions Target High-Risk Suppliers ]
The European Commission revealed plans on April 23, 2026, to restrict funding for PV projects using inverters from "high-risk" countries, including China, Russia, Iran, and North Korea. This ban affects projects funded by the EIB and EIF, as well as grid-connected projects in neighboring regions. Citing cybersecurity threats to critical infrastructure, EU officials argue that inverters act as the "brain" of power grids and require tighter oversight. While switching to non-Chinese suppliers like Huawei or Sungrow may increase total project costs by less than 2%, the EU is moving forward with a phased-out approach scheduled to fully take effect by April 2027.