Featured in Down to the wires 06-2024

The road to 100 GW

Opportunities and challenges abound in the European PV market, according to Susanne von Aichberger, senior clean energy analyst at S&P Global Commodity Insights. Despite continuing oversupply issues, changes in policy direction, and grid connection headaches, Europe is on course to higher annual capacity installations in 2024 and beyond.

 The European PV landscape has changed. Two years of high electricity prices plus measures implemented under the European Union’s REPowerEU policy have had an effect. In 2023, European installed PV generation capacity grew by 39%, year on year. For 2024, S&P Global Commodity Insights projects a stable or only slightly declining growth rate, despite lower …

pv magazine
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.