What is the role of European companies in the solar industry?

In the solar sector, European companies originally played a key role in developing the production equipment needed for the mass production of solar wafers, cells, and modules. While the rise of China’s solar manufacturing sector initially provided a significant export market, a highly competitive local industry has since emerged.

Is China's solar industry a competitive market?

While the rise of China’s solar manufacturing sector initially provided a significant export market, a highly competitive local industry has since emerged. Today, at least 38 European solar PV module production equipment manufacturers operate on the continent, in nine countries (DE, FR, IT, NL, CH, ES, HU, FI, NO).

How many solar PV modules are made in Europe?

Today, at least 38 European solar PV module production equipment manufacturers operate on the continent, in nine countries (DE, FR, IT, NL, CH, ES, HU, FI, NO). Most - 75% - are active in the cells and modules equipment manufacturing segment.

What does ISMI do for the European solar industry?

ISMI is working to ensure that the European solar industry – including production equipment manufacturers – can tap into existing international development and investment streams already, like the EU Global Gateway strategy. Enduring European module equipment manufacturing capacity.