Reaching a 20 GW annual production capacity by 2025
April 13, 2021
Reaching a 20 GW annual production capacity by 2025, creating an additional €40bn GDP annually and 400,000 direct and indirect jobs.
The impressive growth of the European solar PV market is already playing a huge part in the new industrial revolution – as businesses and economies re-build sustainably. It demonstrates the resilience and strength of solar in the face of the COVID-19 pandemic, opening important prospects for European solar PV producers, and positioning solar PV technologies as strategic to the EU economy.
European companies and research centres have demonstrated their global innovative edge, developing world-leading high-efficiency cell and module technologies as well as future-proof solar applications on buildings, water, and agricultural land.
Anchored in the Industrial Strategy presented by the European Commission, the European Solar Initiative aims at scaling up the solar PV industrial ecosystem in Europe at the 2025 horizon.
The ESI combines the thriving ecosystem of solar PV players created over the years by SolarPower Europe and the successful blueprint of the European Battery Alliance, led by EIT InnoEnergy, with its Business Investment Platform (BIP). Designed to bridge the gap between business cases, investors, off-takers, delivery resources, the BIP shortens time to investment, de-risks, accelerates and boosts the robustness of the investment cases in all required dimensions (technology, team, supply chain, environmental sustainability, off-takers).
If you want to know more about the current innovators and startups making this all happen, join us on 3-4 November at The Business Booster, where you will meet 30+ innovations in Solar PV and the new European Solar Initiative.
Pre-register your interest today for an exclusive discount!