Solar jobs and wealth creation in Europe are set to increase to nearly 175,000 full time jobs and 9,500M value added by 2021, according to a new EY report. The EY report also shows that an increase in ambition for the European Union 2030 renewable energy target from 27% to 35% will result in more than 120,000 new solar jobs alone.
New analysis shows how cheap renewables and flexible demand could replace more than half of European coal and gas generation by 2030, while reducing system cost and almost doubling emissions savings from the power sector, compared to current plans.
European Investment Bank (EIB) and Europe’s leading National Promotional Banks announces the launch of Marguerite II, a pan-European infrastructure fund with total commitments in excess of EUR 700m, ensuring continued support to key infrastructure investments in renewables, energy, transport and digital infrastructure by the Marguerite platform.
When is it financially worthwhile investing in a Photovoltaic (PV) system? A new report, “The True Competitiveness of Solar PV. A European Case Study” published by the European PV Technology and Innovation Platform (ETIP PV) compares the levelised cost of PV electricity (PV LCOE) with the cost of sourcing electricity from the grid for the same usage in different European countries and market segments.
Roland Berger Strategy Consultants released last week the ‘Solar PV could be similar to the shale gas disruption for the utility industry’ report stating that solar PV market, which has developed from a niche market segment into a high growth market, will be a game changer for the utility industry.