SolarPower Europe, in cooperation with the Fraunhofer ISE Institute, has published a report “Reshoring Solar Module Manufacturing To Europe”, which analyzes the possibilities and conditions for rebuilding the European photovoltaic industry.
The report shows that the current cost of producing solar modules in the EU (with European cells) is higher than in China — the gap reaches around €10.3/Wp. However, with the right policies, this difference could be reduced to below 10%.
According to the authors, fully reshoring the value chain to Europe will require significant investment but will deliver substantial economic and social benefits. Each gigawatt of capacity installed annually based on European manufacturing could mean up to 2,700 new jobs and €66.4 million in additional tax and social contributions. To reach the target of 30 GW of production by 2030, financial support of between €1.4 and €5.2 billion annually will be necessary.
The report recommends several measures, including production-linked support mechanisms, investment and operational tax incentives, and the introduction of “Made in EU” bonuses in prosumer programs and public procurement. The proper implementation of the Net-Zero Industry Act will also be critical, as it allows EU member states to reward local manufacturing in renewable energy auctions.
More information HERE
