A €2.2 billion (US$2.3 billion) scheme to support investment into decarbonising industrial processes in Germany has been approved by the European Commission (EC).
The policy environment for solar PV in Europe needs to be balanced between the interests of developers and other industry parties, according to speakers at today’s Large Scale Solar Europe conference in Lisbon.
The EU has confirmed that it will pursue ways to support the European solar manufacturing industry, following discussions today (4t March) between the European Commission and solar industry representatives.
The European Commission has targeted a 90% share of EU electricity consumption by 2040 to come from renewables – mostly solar and wind – and complemented by nuclear energy, according to a leaked draft first obtained by French media Contexte.
The statement came on the same day that European solar manufacturing stalwart Meyer Burger announced plans to abandon its module assembly plant in Germany because of the lack of support afforded to manufacturers in Europe.
Parliament’s decision has been met with both approval and some trepidation by representatives in the European solar industry. It will now pass to negotiations with the European Council to clarify its specifics.
