Positive intentions to rebuild the European solar PV value chain are continuing to accelerate, notably in the past year, as energy dependencies and vulnerabilities have become a reality. If we could transform intentions into realities, solar PV supply chain vulnerabilities, logistical concerns, energy costs and manufacturing emissions could be dramatically reduced.
To develop a viable, rational and sustainable European industry and market, several interdependent elements must be coordinated for Europe’s PV Renaissance to become a reality. These elements include an appropriate level of transparency throughout the value chain; synchronicity in market; value chain development to scale; the development of a reference price for European production; at each step in that value chain, aligned public policy, private initiative execution, together with engaged, active investors willing to deploy the necessary capital.