NewsEU and India Power Up Solar Ties to Hit 11 TW Global...

EU and India Power Up Solar Ties to Hit 11 TW Global Goal by 2030

In a significant move aimed at enhancing the resilience and diversification of global solar value chains, SolarPower Europe and the National Solar Energy Federation of India (NSEFI) have reaffirmed their strategic partnership. The renewed collaboration underscores the shared vision of both entities to promote a more balanced and self-reliant solar manufacturing ecosystem across Europe and India.

Growatt

The initiative arrives at a critical time, with solar energy rapidly emerging as the cornerstone of global renewable energy ambitions, targeting a tripling of installed capacity to 11 TW by 2030. The partnership is framed within larger policy contexts — including the EU’s Net-Zero Industry Act (NZIA) and India’s Production Linked Incentive (PLI) scheme — which aim to boost domestic manufacturing capabilities in their respective regions.

India, home to one of the world’s largest solar markets, presents vast opportunities for collaboration with Europe’s robust solar manufacturing base. European manufacturers, known for high-performance systems and strong after-sales service, can complement India’s growing production capacity in modules, inverters, and mounting structures.

The renewed cooperation aligns with the broader goals of the India-EU Clean Energy and Climate Partnership (CECP), which focuses on clean-tech supply chains and climate resilience. Notably, this collaboration will prioritize identifying new manufacturing and financing opportunities, facilitating knowledge exchange, and addressing regulatory barriers to market access.

Also Read  JA Solar Ships First PV Module Batch for Masdar’s 5.2 GW Abu Dhabi Solar-Plus-Storage Project

This strengthened alliance builds upon the foundations laid by the 2019 partnership and is now further empowered by SolarPower Europe’s International Solar Manufacturing Initiative (ISMI), aiming to create joint opportunities across the solar manufacturing spectrum.


Discover more from SolarQuarter

Subscribe to get the latest posts sent to your email.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RELATED ARTICLES

Subscribe Today

GET EXCLUSIVE FULL ACCESS TO PREMIUM CONTENT

SUPPORT CLEANTECH JOURNALISM

EXPERT ANALYSIS OF AND EMERGING TRENDS

TOPICAL VIDEO WEBINARS

Get unlimited access to our EXCLUSIVE Content and our archive of subscriber stories.

Exclusive content this week

UPCOMING EVENTS

Latest article

More articles

- Advertisement -Newspaper WordPress Theme