Europe needs to galvanise a competitive PV manufacturing ecosystem in the same vein as the US Inflation Reduction Act (IRA), according to the European Solar Manufacturing Council (ESMC).
Europe will benefit from a new research and innovation (R&I) project intended to advance the continent’s tandem solar PV cell manufacturing and production capabilities, focusing on tandem silicon-perovskite cells.
A coalition of 18 organisations has urged EU member states to require solar be installed on all new and renovated buildings, as well as existing non-residential buildings.
European solar PV manufacturers struggling with soaring electricity prices have flagged concerns that the continent is falling behind the US and India in terms of policy support for the sector.
The European Commission (EC) is formally endorsing a new Solar Photovoltaic Industry Alliance with the aim of scaling up manufacturing of innovative PV products and components.
Greece was entirely powered by renewables for the first time in its history last week, according to the country’s independent power transmission operator (IPTO).
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.
A patchwork implementation of the EU’s power revenue cap could stall renewables development and dent investment, according to LevelTen Energy, a power purchase agreement marketplace operator.