The European
Solar initiative

Reaching a 20 GW annual production capacity by 2025

The impressive growth of the European solar PV market demonstrates the resilience and strength of solar in the face of the COVID-19 pandemic, opening important prospects for European solar PV producers, and positioning solar PV technologies as strategic to the EU economy.
European companies and research centres have demonstrated their global innovative edge, developing world-leading high-efficiency cell and module technologies as well as future-proof solar applications on buildings, water, and agricultural land.
Anchored in the Industrial Strategy presented by the European Commission, the European Solar Initiative aims at scaling up the solar PV industrial ecosystem in Europe at the 2025 horizon.

SolarPower Europe has launched the “Solar Manufacturing Accelerator”, a platform aimed at accelerating the deployment of solar PV manufacturing projects in Europe as a critical milestone to strengthen the EU’s leadership in Clean Energy Technologies and contribute to the re-industrialisation of Europe.

JOIN THE SOMA
The ‘Solar Manufacturing Accelerator’ is an initiative coordinated by SolarPower Europe with the support of its strategic partners ESMC, ETIP-PV, IPVF and now VDMA. It is open to all companies and organisations interested in developing or partnering on solar manufacturing projects.

The platform will cover a broad portfolio of European solar manufacturing projects by identifying partners and reaching out to financial investors, with an overall goal of increasing the number of solar PV manufacturing projects in Europe, and contributing to the success of the European Green Deal.
JOIN THE SOMA
The Solar Business Investment Platform a unique platform that accompanies the development of comprehensive and competitive solar PV manufacturing projects in Europe and bridges the gap between project developers and investors. By applying to join the platform, project developers will be accompanied in the maturation of their project and in reaching out to financiers.
Designed with public and private financing institutions and core industrial players, the platform draws on the successes the European Battery Alliance investment platform launched by EIT Innoenergy in 2019 and on the experience of the Solar Manufacturing Accelerator initiative.

Do you want to receive more information on the application process?

Apply to the Solar BIP
"As the lowest-cost and most job intensive renewable technology, solar is poised to deliver the goals of the European Green Deal and Green Recovery. The momentum is building to scale up manufacturing activities in the EU, based on the strong domestic market uptake confirmed in 2020 despite the COVID-19 pandemic and the sustained technological leadership of European companies. Following the successful launch of the Solar Manufacturing Accelerator in May 2020, today we are delighted to further boost the solar industry, with EIT InnoEnergy, by launching the European Solar Initiative."
Walburga Hemetsberger,
CEO of SolarPower Europe
"The future of the European energy system is renewable and solar energy has an important role to play in that. To quickly scale up green energy, we need the insights and cooperation of the industry. I am therefore very happy to see the launch of the European Solar Initiative, which Im confident will give a boost to the entire solar PV value chain in Europe."
Kadri Simson,
Commissioner for Energy Simson
"A successful industrial transformation requires partnerships between the relevant stakeholders. Therefore, I welcome and support the European Solar Initiative, and I hope it will soon enjoy the investors attention because there is a real business case behind it. I also see an increased interest from Member States in strengthening the solar PV production in Europe, initiatives like the European Solar Initiative are very welcome to strengthen the resilience of our industrial ecosystems, avoid critical dependencies, and of course create quality jobs."
Thierry Breton,
European Commissioner for Internal Market
"Enabling strategic value chains which accelerate the energy transition is at the core of EIT InnoEnergys mission. This ESI for the PV industry would be our third, after batteries (EBA) and hydrogen (EGHAC). The mix of National Energy and Climate plan demand, low cost of capital, notable successes in European technology development and a return of investment into the sector has created fertile ground for a rebirth of European PV. Europe has learnt from its previous experiences and with the Green Deals powerful, unambiguous political and business framework in place, scale and speed are going to be the key to unlocking PVs potential."
Diego Pavia,
CEO of EIT InnoEnergy
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