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.
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.
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