Europe in particular is witnessing a new PV boom. In 2018, growth of more than 30 percent is expected in Germany and also, in particular, in the Netherlands, Spain and France and experts expect deployment to exceed 10 GW for the first time in years. Last year the European solar market, primarily driven by tenders and power purchase agreements, already recorded annual growth of 28 percent, based on deployment of 8.61 GW.
Intersolar Europe will shine a light on new developments in the PV market and the changes that are energizing it, from June 20-22, 2018 in Munich.
As the world’s leading exhibition for the solar industry and its partners, Intersolar Europe focuses on the broad spectrum of new developments driving growth in the PV market. Both the exhibition forums and the accompanying Intersolar Conference will address issues surrounding the European PV market. Some conference sessions will look at individual European markets, including Italy and Spain; others are dedicated to the topic PV Power Plants (planning, construction, management, repowering) and future areas for investment.
There is a broad range of growth drivers energizing markets: market developments are becoming less and less dependent on state incentive programs; they are benefiting from falling costs and technical advances; furthermore, new business and marketing models are generating new areas of business.
The brighter prospects for growth are also due to an increasing commitment to solar power on the part of utilities such as EDF, Enel, E.ON, innogy, Statoil and Vattenfall.
In Italy, as in other countries, increasing profitability is one of the main drivers of growth. Direct purchase agreements or self-consumption, as well as a repowering market, are providing crucial momentum here. These make it possible to expand the capacity of older installations up to 20 kWp without causing the operator to lose their feed-in tariff.