Featured in High time for a masterplan – 06-2023

European manufacturing set for growth

The European Union’s proposed Net Zero Industry Act (NZIA) marks a departure for the bloc, writes Jason Sheridan, a senior research analyst for S&P Global. It would require approximately €15 billion ($16.3 billion) of investment across the European solar supply chain and could represent a reshaping of global PV production.

By

pv magazine

09 Jun 2023

The EU has addressed rising concern about the supply of critical clean energy materials and components by drafting a Net Zero Industry Act. The proposed legislation aims to ensure enough European PV manufacturing capacity to meet at least 45% of PV demand by 2030 and includes higher targets for manufacturing across other clean energy sources, …

This article is part of pv+

Subscribe digitally to unlock exclusive investigative reporting, expert insights, in-depth analysis, and premium background coverage. Your subscription also includes full access to the digital edition of our magazine.