Europe’s wartime plan for a faster transition to clean energy as it seeks to replace Russian fossil fuels will provide a boost to the order books of China renewable manufacturers. Europe will ramp up wind and solar power installations, adding 900 gigawatts between now and 2030, according to the REPowerEU plan announced Tuesday. That’s nearly double what it was expected to add, Morgan Stanley analysts said in a Wednesday note. That could translate to a 15% boost to overall Chinese solar exports over the rest of the decade, the bank forecast. Chinese companies dominate solar manufacturing, accounting for nearly all global production in some steps of the supply chain. Nearly 40% of its solar exports went to Europe in 2021, according to BloombergNEF . Longi Green Energy Technology Co., the world’s largest solar company, will be the key beneficiary, […]