Featured in Going big on batteries – 08-2020

European storage – Start of a new growth phase?

In general, the tale of photovoltaics in Europe has been a success story, albeit one not completely devoid of obstacles and hurdles. The idea of producing clean energy was pushed by tailwinds when CO2 emissions skyrocketed and the catastrophic Fukushima incident once more made us recognize the hazards of nuclear energy. However, the PV industry still has a long way to go to reach its full potential.
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pv magazine
Source: EuPD Research

The feed-in tariff scheme was an amazing way to promote photovoltaics; The idea of generating clean energy and getting paid for it still sounds amazing. Unfortunately, tariffs have since plummeted throughout Europe, which makes a tough business case for PV. Nearly all turned toward Germany for new learnings, and there was a silver lining on …

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