European solar manufacturers need state aid exemptions – now
If Europe is to come up with its own Inflation Reduction Act moment, and incentivize a return of EU solar manufacturing leadership, it must lift state-aid related restrictions on the PV manufacturers who have announced a willingness to build 30 GW of production lines.
Solar the fastest growing European clean power source
The latest numbers released by EU data body Eurostat indicate renewables, including hydropower, contributed 37% of Europe’s gross electricity consumption in 2020, up from 34% a year earlier.
European industrial strategy makes no mention of solar
The move has been welcomed as a step in the right direction by lobby group SolarPower Europe nevertheless, particularly as it envisages bringing together EU low-carbon businesses. The outline ambition will now be considered by the European Parliament.
