The EU’s rapporteurs on the proposed Industrial Accelerator Act are also calling for increased EU content in solar panels and for stricter component requirements against circumvention.
EU policymakers responsible for drafting a report on the European Commission’s proposed Industrial Accelerator Act (IAA) have set out measures for boosting Europe’s manufacturing sectors.
Plans for the IAA were first unveiled in March this year. At the time, proposals included introducing EU-made content requirements for products benefiting from public funds, including solar PV and battery energy storage systems (BESS).
Since then, three Members of European Parliament – Renew Europe’s Christophe Grudler, S&D’s Pierre Jouvet, and the Green’s Anna Cavazzini – have been tasked with developing a draft report on the IAA, which is due for publication this week.
According to an update posted by centre-right party Renew Europe earlier this week, key measures of their draft review include raising the threshold for Made in Europe and low-carbon products in strategic sectors to 50% by 2036, ensuring that public funds support domestic industries and sustainability.
