This includes the blocsdependence on Chinafor the import of solar panels.
These include solar power, batteries and energy storage, wind energy, and renewable hydrogen.
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But competition for leadership in green technologies is increasing, with the bloc risking falling behind international rivals.
One of them is the US.
Another rival is China.
The Asian country dominates solar technology production, accounting for80%of the global market.
Its alsounder EU investigationover unfair competition practices related to wind turbine production and supply.
That is, a 90% reduction of CO2 emissions by 2040.
Story byIoanna Lykiardopoulou
Ioanna is a writer at TNW.
With a background in the humanities, she has a soft spot for social impact-enabling technologies.
