Firm says clean energies will catch up with fossil fuels by 2027 and race ahead by 2030, with Indian solar already cheaper and Aussie solar set to follow next year.
Land and subsidy restrictions for PV and wind could see country fall short of 65% renewable target by 2030 despite record generation levels, ZSW and BDEW warn.
Wood Mackenzie: Continent will grow to install annual 20GW within three years but shift to auctions and merchant exposure will see profitability come under pressure.
Tumbling module prices will help PV attain US$0.048/kWh costs in 2020 and outcompete 700GW of global coal, with India and Italy as the G20’s cheapest.
300,000-strong solar workforce could see bloc add 30 million rooftop installations by 2030, says SolarPower Europe as it anticipates new policy roadmap.