Image: Carl Grüner, Unsplash
By ESS news
The European Commission has decided to limit EU financing, including through the European Investment Bank and the European Investment Fund, for solar, wind and energy storage projects using inverters from so-called high-risk countries, namely China, Russia, Iran and North Korea, citing cybersecurity risks.
Media reports have highlighted the restrictions on financing solar photovoltaic projects; However, battery energy storage systems have now also been confirmed to be included in the guidelines.
The sector is awaiting the official publication of the new guidelines, although the process started on May 1, 2026, after it was communicated to financial institutions. For now, according to sources seen by ESS newsthe Commission also does not intend to issue a public announcement or press release.
Previous reports, including from pv magazine, indicated timelines for the internal policy decisions, and according to documents that by ESS newsthese details have been further strengthened and focus on inverters for all renewable energy applications.
To read further, visit our ESS news website.
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