新闻banner
  • Solar PV Deployment in Europe Enters New Era of Growth
    Industry News June 16, 2021 Solar PV Deployment in Europe Enters New Era of Growth
    Source: https://ihsmarkit.com/research-analysis/solar-pv-deployment-in-europe-enters-new-era-of-growth.html Solar PV deployment in Europe is entering a new era of growth, largely fueled by a bright future for utility-scale systems. In 2019, new installations in the utility-scale sector (systems larger than 5 MW) more than tripled from 2018, to 12 GW. By 2025, IHS Markit forecasts annual installations of these large PV plants in Europe to reach 34 GW. This growth is driven by a combination of EU 2030 targets and the sheer economics of generating renewable power from solar PV. In terms of technology, these new-built PV projects are following a global trend of using 1500V inverters (or even higher voltage over the coming years) and a growing penetration of string inverters. The utilization of tracking structures is gaining interest also in less sunny European markets where fixed structure systems have been the norm. Across Europe, PV system designs incorporate larger modules with increased efficiency, and we see a growing share of bifacial modules in suitable locations. The profitability of individual PV projects will depend highly on technology decisions. It was totally 176GW of PV installed in Europe by 2020, and about 54% of new PV in Europe will be utility-scale through 2025. The EU countries target close to 200GW of the new PV through 2030.
    View More

A total of 1 pages

SUBSCRIBE TO OUR NEWSLETTER

Please read on, stay posted, subscribe, and we welcome you to tell us what you think.

Leave A Message

#
Leave A Message
If you are interested in our products and want to know more details,please leave a message here,we will reply you as soon as we can.

Home

Products

about

contact