It is early days and the situation is fluid and unpredictable – but renewable equipment manufacturers and utilities told Recharge they expect varying degrees of impact from economic sanctions against Russia following its war on Ukraine.

The EU as well as financial measures and direct action against members of Russian President Vladimir Putin's inner circle also announced it will impose sanctions on the energy sector. But the European Commission so far hasn’t given details on what those entail, and it is not entirely clear yet whether they will only (directly) hit oil & gas or also the renewables industry.