Producing a solar module in Europe with EU-made solar cells costs around €0.103 ($0.12)/W more than producing the same module in China, according to a new report.
The Reshoring Solar Module Manufacturing to Europe report, by SolarPower Europe and the Fraunhofer Institute for Solar Energy Systems (ISE), says the gap is caused by higher costs for equipment, materials, labour, buildings and facilities.
It suggests establishing an EU-level output-based support scheme dedicated to solar manufacturing that encompasses grants, loans and de-risking instruments for scaling up solar manufacturing in Europe, while also covering capital and operational expenditures in the shape of production-based support.
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A report by SolarPower Europe and Fraunhofer ISE finds EU-made solar modules cost €0.103 ($0.12)/W more than Chinese imports, but targeted policies could close the gap …
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