From January to August, the import volume of photovoltaic modules in Europe exceeded 60GW, setting a historical record of 62.4GW for the same period!
62.4GW, equivalent to more than 50GW (ac side) of new installed capacity, far exceeding the 39 gigawatts expected in 2022 in the "Global Solar Market Outlook 2022-2026" report released by SolarPower Europe (SPE) in June this year Watts (medium expected).
At the same time, this figure also exceeds the newly installed solar power generation capacity in China from January to August: 44.47GW!
The optimistic expectation is that in the remaining four months of 2022, Europe may still import 18GW of photovoltaic modules, and the total import volume for the whole year will exceed 80GW. According to this figure, "Global Photovoltaic" predicts that the newly installed photovoltaic capacity in Europe in 2022 is expected to be 55-65GW, an increase of more than 100% year-on-year.
At the beginning of this year, various institutions had expected that Europe added 39GW, a year-on-year increase of 50%; China added 100GW, a year-on-year increase of 82%. Based on this forecast and actual completion, Europe, once thought to be bronze, may become the king with the highest growth rate this year.
The recent new energy policy in Europe also provides policy support for this figure:
On September 14, the European Parliament voted in favour of the target of 45% renewable energy in the EU energy mix by 2030, with 418 votes in favour, 109 against and 111 abstentions. Under current legislation, the EU is obliged to meet at least 32% of its renewable energy needs by 2030; in June this year, EU member states just decided to achieve a 40% renewable energy share by 2030.
According to reports, from 2023, Germany will exempt qualified rooftop PV from income tax and corresponding value-added tax.
Although Europe recently submitted a law against forced labor, even if it finally takes effect, it will only have an impact on module imports after 2025. The demand for photovoltaic modules in Europe has surged this year. Under the pressure of high-priced silicon materials, it is obviously impossible for 2025. Stock up on demand for the year.