Germany and the wider EU can use its research and development strengths to stay competitive in the global solar PV manufacturing industry, according to a group of industry and research bodies.
The global annual capital expenditure on PV manufacturing equipment is expected to more than double to US$43.8 billion over the next decade, according to a report from VDMA.
A study exploring the feasibility of resurrecting PV manufacturing in Germany and Europe more widely has identified an eight-cent-per-watt cost gap between modules produced in China and those produced locally.