The Sun Rises in the East: Up-And-Coming Solar
At Intersolar Europe, trade visitors have the opportunity to learn more about the latest business models and the requirements for a rapid
The Reshoring Solar Manufacturing to Europe report, commissioned by SolarPower Europe and conducted by Fraunhofer ISE, quantifies the cost gap and lays out the policy levers needed for reshoring solar module module manufacturing in line with the EU Net- Zero Industry Act (NZIA) ambitions for 2030.
This indicates that the EU and Europe are well represented in terms of PV deployment, but the same cannot be said for the manufacturing of the necessary hardware.
Solar PV is the fastest-growing and most cost-effective electricity source worldwide. Its supply chains, however, are heavily concentrated, exposing Europe to operational, economic, and geopolitical risks.
Communicated in the REPowerEU2 and the EU Solar Energy Strategy3, the European Union has ambitious energy transition plans and aims to deploy 750 GWDC (600 GWAC) by 2030, demonstrating a significant acceleration compared to the current pace, as shown in Figure 1.
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