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Europe makes its comeback

Europe saw the largest upswing of new PV installations over the past year, in particular after the minimum import price on modules ended. Installations grew by 23% in 2018, reaching 12 GW. IHS Markit forecasts the region to surpass 19 GW in 2019. The reason for this revived growth, writes Research & Analysis Manager Josefin Berg, is a combination of the increased cost competitiveness of PV, more initiatives outside of subsidy schemes, and new policy initiatives to meet 2020 and 2030 targets.

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pv magazine

13 May 2019

A PV system built by Energiekontor in Debstedt, Northern Germany. In February, the German developer claimed to have closed a PPA for an unsubsidized PV plant of 85 MW in the northern state of Mecklenburg-Western Pomerania. | Image: Energiekontor

IHS Markit forecasts Europe’s global market share to grow from 12% in 2018 to 18% in 2023. Here are some of the recent developments that we think will contribute to this growth, country by country.FranceThe Multiannual Energy Programme (PPE) sets actions to meet the targets of the Energy Transition Law (LTECV). The draft for PPE …

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