Around 35GW of PV manufacturing in Europe is at risk of being mothballed as elevated power prices damage the continent’s efforts to build a solar supply chain, research from Rystad Energy suggests.
Module manufacturer REC Solar has been selected by the European Union to receive a grant to support a 2GW heterojunction (HJT) solar manufacturing plant in France.
The European Union’s REPowerEU strategy could be thwarted by higher material and module costs as a “perfect storm” looms over the sector following the pandemic, according to analysts Wood Mackenzie.
The European Solar Manufacturing Council (ESMC) has launched an Important Project of Common European Interest (IPCEI) for PV aimed at mobilising EU member states’ support for breakthrough solar manufacturing technologies and to aid their commercialisation.
SMA Solar CEO Jürgen Reinert tells PV Tech Premium how the solar industry is benefiting from increased access to politicians as he calls for more support for European PV manufacturers.
The European Union (EU) should set higher solar PV deployment targets and speed up the energy transition to phase out its energy dependency on Russia as soon as possible, according to five member states of the bloc.
Indian solar glass manufacturer Borosil Renewables is acquiring European peer the Interfloat Group in a deal it said will enable a more efficient supply of PV glass to customers in Europe.