Today, the Commission is formally endorsing a new Solar Photovoltaic Industry Alliance, with the aim of scaling up manufacturing technologies of innovative solar photovoltaic products and components. This will contribute to accelerating the deployment of solar power across the EU and improving the resilience of the EU's energy system.

The Alliance is one of the concrete initiatives of the EU Solar Energy Strategy, adopted in May 2022 as part of the REPowerEU Plan, which will help the EU reach over 320 GW of newly installed solar photovoltaic capacity by 2025, and almost 600 GW by 2030. Today's endorsement paves the way for a call for membership in the Alliance to be published in November.

Commissioner Thierry Breton, responsible for the Single Market, said: "To meet Europe's renewable energy objectives — and avoid replacing a dependency on Russian fossil fuels with new dependencies — we are launching an industrial alliance for solar energy. With the alliance's support, the EU could reach 30 Gigawatt of annual solar energy manufacturing capacity by 2025 across the full PV value chain. The alliance will foster an innovative and value-creating industry in Europe, which leads to job creation here. Europe's solar industry already created more than 357,000 jobs. We have the potential to double these figures by the end of the decade."

Read the full news here.