45GW Of PV Installed Every Year! EU Accelerates Green Energy Transition
May 23, 2022
By 2030, the EU's annual demand for photovoltaic power generation will exceed 20GW, so EU member states need to be committed to promoting the development of domestic manufacturing.
• The EU is planning a number of measures to ensure this, especially in the face of market volatility caused by the Russian-Ukrainian conflict.
Affected by the conflict between Russia and Ukraine, the EU is trying to restrict the import of fossil fuels from Russia, the EU recently released REpowerEU strategy to reset the target.
The EU's new target is to install a cumulative 320GW of PV systems by 2025 (up from 300GW previously) and a cumulative 600GW of PV systems by 2030 (up from 550GW previously).
Achieving the new target means new efforts are needed to build more PV module manufacturing plants by providing support to manufacturing companies in EU member states. The goal is to install 45GW of PV systems annually, and it remains to be seen whether the EU also imposes tariffs or non-tariff barriers on imported PV modules, especially from China and Southeast Asia, as the US does.
Promoting the development of the photovoltaic industry is a core part of the EU's renewable energy push. In addition to the development of onshore wind power, the offshore wind power target will also be increased by 3 to 4 times.
The EU has identified a four-step path to achieve its new targets for PV deployment:
(1) Encourage the installation of more rooftop photovoltaic systems through the European Rooftop Photovoltaic Initiative.
Under this provision, rooftop PV system licenses will be issued within a maximum of three months.
By 2026, new public and commercial buildings with an area of more than 250 square meters will have to install rooftop photovoltaic systems in all available buildings in EU member states, and by 2029, all buildings in the EU will have to install or use rooftop photovoltaic systems .
(2) In addition to repurposing abandoned industrial or commercial facilities and land for installation of photovoltaic systems, various land-use scenarios, such as agricultural land photovoltaic systems and floating photovoltaic systems, are emphasized.
(3) Develop skills partnerships across the renewable energy sector, from renewable energy to photovoltaic systems, in accordance with the EU's "Skills Pact".
(4) Finally, promote the PV system manufacturing value chain within the EU to avoid being troubled by events such as the Russian-Ukrainian conflict, and even to deal with the interruption of PV module imports due to the new crown epidemic.
So far, the EU has not introduced direct incentives for PV system manufacturing, such as India's Production Linked Scheme (PLI) or tariffs imposed by the US. Instead, it focuses on the creation of intellectual property rights for PV system innovations in EU member states, which may be influenced by the advantages that EU member states companies enjoy in PV system manufacturing technology and have only recently set up factories in some countries. The development of heterojunction cells, perovskites and tandem cells is an area of particular interest.
The Europen Union has proposed a photovoltaic alliance to support the construction of a 20GW annual photovoltaic manufacturing chain in Europe by 2025. However, the implementation of these manufacturing plans in the EU could lead to severe overcapacity as Chinese PV companies have already expanded their production capacity.
The move by the EU is similar to what India and the US are taking. India and the United States are two large PV markets besides China, which are also working hard to build their own PV manufacturing supply chains to meet domestic demand and seize global market opportunities. It is worth noting that Australia, Japan and most of the emerging markets in Latin America have so far not really driven the development of local PV manufacturing.
Today, the Middle East has an annual demand of up to 5GW, but it is also unsatisfactory in terms of photovoltaic system manufacturing.
Against this backdrop of rapidly expanding photovoltaic deployment worldwide, the reliability of supporting components within PV systems is becoming increasingly important. Structural mounting hardware-such as solar panel aluminum alloy clamps-plays a critical role in ensuring the long-term stability and safety of PV modules under diverse environmental conditions, including wind load, temperature fluctuation, and long-term outdoor exposure.
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