Major solar industry stakeholders gathered in Brussels under the French EU Presidency to set out how a renewed European photovoltaic industry can address the climate and energy security challenges that the continent is facing.
FREMONT, CA: Under the French EU Presidency, major solar energy sector stakeholders gathered in Brussels to discuss how a revitalized European Photovoltaic industry could meet the continent’s climate and energy security issues. In the event, organized by the French alternative energies and atomic energy commission, European trade association SolarPowerEurope, and EIT InnoEnergy (the EU's innovation engine for sustainable energy), focused on the redevelopment of solar PV manufacturing in Europe and how to ensure maximum synergy between EU climate and industrial ambitions. With demand for PV-generated electricity expected to rise from three percent to 15 percent by 2030, EU Commissioner for Energy Kadri Simson opened the meeting by emphasizing the importance of solar in guaranteeing energy security. Speakers from across the solar value chain emphasized the EU solar sector's critical competitive advantage: its global technology leadership. The necessity to scale up manufacturing across the value chain was highlighted during the discussions, as was the need to remove remaining bottlenecks quickly, such as project and factory permitting delays, as well as high capital and operational expenses.
Participants learned about the European Solar Initiative's critical role in supplying the European PV manufacturing capacity needed to fulfill demand, as well as a sample of the initiative's next steps. The Business Investment Platform, the initiative's finance pillar, is anticipated to make funding decisions for three large-scale PV manufacturing projects soon. Thierry Breton, the EU Commissioner for the Internal Market, presented closing remarks, describing how solar deployment issues may be solved by improving access to funds, fostering innovation, and assuring the robustness of Europe's raw material supply chains. The Commissioner reaffirmed the European Commission's commitment to the 20 GW EU manufacturing target set by the European Solar Initiative for 2025.
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Diego Pavia, CEO of EIT InnoEnergy, wrapped up the session by emphasizing how critical it is for the industry to move quickly and boldly. After a year, the European Solar Initiative is ramping up, with three gigawatt-scale manufacturing projects in the works through the Business Investment Platform, as well as an industrially ambitious contribution to the EU solar strategy to restore the PV industry's competitive business environment.