Europe Is Stockpiling Chinese Solar Panels At Record Levels

The global energy crisis triggered by Russia's war in Ukraine exposed Europe's extreme vulnerability due to the continent's over-reliance on Russian energy commodities, especially natural gas. Europe responded with overkill, with the continent managing to store so much gas that it emerged from the last winter season with more than enough gas reserves.

Europe has continued stockpiling gas at a record clip: StanChart has reported that gas inventories continue rising despite the current European heatwave and increased electricity demand for cooling.…