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.
Germany may see the deployment of around 800 MW of PV systems not exceeding 10 kW in size so far this year, according to EUPD Research. If this result is achieved, this year may even surpass record year 2011.
pv magazine rounds up the latest Covid-19-related stories likely to affect the world of solar and energy storage.
The U.S. solar industry experienced a wave of job losses last month and the public health crisis has driven foreign exchange losses which will jeopardize projects Down Under, but it is Angela Merkel’s government which is attracting the ire of German PV installers.
EuPD Research has calculated what needs to be done to replace the nuclear and coal generation to be phased out in Germany. Accelerated expansion of PV appears the best short-term option. However, storage capacity will need to increase 30-fold by 2040 so solar can become the main pillar of the country’s energy system.
Extraordinary PV tenders by the federal government will provide for more growth. Market research company EuPD Research expects newly installed capacity of 4 GW in 2021. After that, however, the market could see a sharp reduction, after the 52 GW cap for solar subsidies is reached.
Along with the majority of other market analysts, EuPD Research is forecasting a drop in solar installations in 2017, mainly as a result of a reduced installation target in China, which is likely to ramp up the pressure on PV manufacturers.
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