In 2029, 100% of rooftop buildings will be installed with photovoltaics! A major opportunity for the industry is here!

Time: October 11, 2022

According to foreign media reports, the European Union will develop a plan to "digitize the energy system" and will officially announce it next week. The plan would require the EU to invest 565 billion euros (about 3.94 trillion yuan) in infrastructure by 2030 to achieve its green plan and end its reliance on Russian fossil fuels.

It is reported that the document proposes several green action plans: install solar panels on the roofs of all commercial and public buildings in the EU by 2027; install photovoltaic systems on all new residential buildings in the EU by 2029; Install 10 million heat pumps in the next 5 years; put 30 million zero-emission vehicles on the road by the end of 2030.

According to the "Washington Post" report, affected by the ongoing conflict between Russia and Ukraine, due to the sharp reduction in natural gas supply by Russia, Europe is facing a severe winter dilemma, and energy prices have risen by about 1,000% compared with before the conflict. According to the report, as the conflict continues, European energy prices have soared and the cost of living has risen sharply, which has also made it difficult for many Europeans to bear. Judging from the performance of European countries, the United Kingdom has set off a wave of pet abandonment, Poland is even preparing to burn garbage for the winter, and the German people have begun to clean up the stoves used for burning coal and wood to survive the winter. Against such a background, European consumers have no choice but to rely on burning wood for fire, which in turn drives up the price of wood, and even makes some risky periods of illegality, so that theft cases surge.

The UK has seen a new wave of installations of residential photovoltaic power generation systems due to soaring gas and electricity energy prices in Europe. As a result, the market of related photovoltaic solar system has risen, and some products have even been in short supply. A photovoltaic module manufacturer said that compared with last year, orders for photovoltaic products have increased by 4 times this year, and the supply is in short supply, and the delivery time has been delayed from the past two or three weeks to two or three months. Data show that in the first half of this year, the installed capacity of solar energy power generation systems in the UK reached 556MW, an increase of 80% year-on-year.

According to the latest data released by the German Federal Network Agency, in the first half of this year, Germany installed a total of 3.2GW of photovoltaic power generation systems, compared with 2.75GW in the same period last year, a year-on-year increase of 16.4%. In June this year, Germany's newly installed photovoltaic capacity was 615MW, compared with 428.5MW in the same period last year, a year-on-year increase of 43.5%. In addition, as of the end of June this year, all subsidized PV installations in Germany totaled 55.9GW.

In order to ensure energy security, the German government has formulated a package that requires that by 2030, its renewable energy generation must account for more than 80% of its total electricity. Among them, the photovoltaic installed capacity target is 215GW, for which 22GW of photovoltaic installed capacity needs to be added every year from 2026.

Europe is my country's largest export market for photovoltaic modules. According to Eurostat data, the EU imported 8 billion euros worth of solar module products in 2020, 75% of which came from China. In the first half of 2022, my country's export components reached 78.7GW, a year-on-year increase of 102%. Among them, the European market imported 42.4 GW of photovoltaic modules, up 137% year-on-year, accounting for 53.9% of the total export volume.

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