european union

The Net-Zero Industry Act will come into force starting from 29 June 2024 across all 27 member states of the EU.

Renewable energy sources provided 44.7% of the EU’s electricity consumption in 2023, according to data from Eurostat, the European Commission’s statistical office.

The European Council has adopted the EU’s Net-Zero Industry Act as the EU looks to bolster its clean energy manufacturing industries.

The European Solar Manufacturing Council (ESMC) has called on increasing work around inverters’ cyber- and data security.

The European Parliament has approved a new regulation prohibiting the sale, import and export of goods made using forced labour.

Clean energy added about US$320 billion to the world economy last year, accounting for 10% of global GDP growth in 2023, according to a study from the IEA.

According to a report from industry lobby group the European Round Table for Industry (ERT) investment in Europe’s energy infrastructure requires €800 billion (US$870 million) by 2030.

Several European countries have underestimated the deployment of solar PV by 205GW by 2030, according to energy think tank Ember’s latest report.

The proposal would have likely been consequential for the solar PV industry, which is plagued by allegations of forced labour in the production of polysilicon and other upstream components.

The European Commission has acknowledged the current state of Europe's solar manufacturers, yet has come short of implementing any measures.