Accumulations electric | European pv manufacturing orders jumped 62%! It has passed the first place

Demand for European-made photovoltaic production equipment surged 62 per cent in the second quarter of 2022, with orders from Europe outpacing those from Asian countries for the first time, according to research by VDMA, the design industry association.

European manufacturers sold 62 per cent more photovoltaic systems in the first quarter, with European sales surging fourfold. European orders received in the first two quarters of 2022 have already exceeded the total value of European orders for 2021. VDMA expects sales growth to continue into the third quarter.

The VDMA shows that a third of sales are attributable to the systems used to produce the components. The VDMA has been compiling such statistics since 2008.

"In the past, the Asian market was the largest market for German manufacturers of PV production equipment and systems, but since the first quarter of 2022, orders in Europe have increased and are expected to continue to grow," said Jutta Trube, head of the PV production equipment division at VDMA.

"Overall, we expect demand to remain strong as countries show increasing interest in new local PV capacity."

In the second quarter, one-third of total European PV equipment sales went to module production.

Indeed, Europe, like the US and India, has been very clear about its desire to establish a regional PV manufacturing base. America's Inflation Reduction Act (IRA) seems to have boosted solar manufacturing. India aims to increase its 65GW PV module capacity through deferred incentives, but Europe has yet to announce a coherent and well-funded production strategy.

Tech Premium reports on how European solar PV manufacturers are coping with soaring electricity prices. This reflects fears that policy support for the industry in continental Europe will lag behind that in the United States and India.

Peter Fath, managing director of RCT Solutions and chairman of VDMA's photovoltaic production equipment division, said: "Countries such as the US and India are introducing very attractive measures to boost photovoltaic production at the moment, and Europe needs to do the same."

"Europe's planned growth and political will to build PV capacity across the value chain is an opportunity for the EU to further leverage PV production resources."

On the same day, the European Commission formally approved a new solar photovoltaic industry alliance with the aim of scaling up the manufacturing of innovative photovoltaic products and modules.

In spite of the strong local demand figures outlined by the VDMA, European solar manufacturing is facing increasing risks from high electricity prices, with Maxeon forced to close one of its component plants in France.

About 35GW of photovoltaic manufacturing projects in Europe are at risk of being shut down, according to research by Rystad Energy, as high electricity prices undermine the continent's efforts to build a solar supply chain.

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