New IRENA report estimates that employment in the renewable energy industry has increased by more than one million jobs in the last year. According to the study more than 7.7 million people worldwide are now employed by the renewable energy industry.
Solar PV is the largest renewable energy employer with 2.5 million jobs worldwide, up from 2.3 million at last count!
Find the full press release and report here.
By James Watson, Chief Executive OfficerIn February this year the European Commission (EC) launched its much vaunted European Energy Union Strategy, which aims to secure, affordable and climate-friendly energy for citizens and businesses. The principles underlying the strategy are based on the notion of reducing Europe’s reliance on fossil fuels by removing barriers to the flow of energy, in a fully integrated EU-wide energy system. At the launch in February EPIA queried whether the new strategy was visionary enough for renewables, given the limited focus of the decarbonisation pillar on renewable energy sources.
Since February a number of developments have taken place and just this week the Vice-President of the EC responsible for the Energy Union, Maros Šefčovič, announced an Energy Union Tour. This tour is aimed at bringing the Energy Union to the people of the European Union, a key target audience for the benefits of the strategy. This tour will allow the EC to engage in dialogue with national parliaments and all relevant stakeholders including businesses and NGOs. This is set to be a huge charm offensive to build support for the initiatives due to fall from the strategy, such as the EC initiative on self-consumption expected later this year.
The EC is not the only body that has been active on the Energy Union strategy. The European Parliament, determined to have its views heard, has been busily working on a report to express its views on the priorities of the strategy. EPIA has taken this opportunity to build more support for solar power in the strategy and has reached out to many MEPs to encourage a more visionary approach for our sector in the strategy. The outcomes of these efforts will be presented to members before the summer, as the Parliament also wishes to conclude its work before the summer break.
By Tina Stojanovic, Event ManagerIntersolar Europe is one of the world’s leading exhibitions for the solar industry taking place annually in Munich, Germany. The exhibition and conference focus on the areas of solar power, PV production technologies, energy storage systems and renewable heating technologies.
By Manoël Rekinger, Senior Technology AdvisorIn a decade the annual PV market has multiplied by 40 compared to the 1 GW globally installed in 2004. While 2014 set a new record for the Solar Power Industry, 2015 may see the global value of the sector reaching the landmark of 100 billion EUR.
2014 saw also the confirmation that the formerly European centric solar power market became truly global demonstrating the potential of solar power to follow or even drive economic growth. While solar markets uptake is everywhere, Europe represents a world-class demonstration project for the integration of PV into the energy sector.
In a continuously evolving environment, business strategies have to be continuously updated. More than in any other sector, understanding the trends is a must for any company or individual involved in Solar Power. EPIA's annual “Global Market Outlook” flagship publication is considered to be the most authoritative market analysis report for the PV sector. This outlook on how the global PV market is expected to evolve in the coming years will be again launched this year during Intersolar Europe.
The Intersolar Europe 2015 conference will kick start with the launch of the report on the 9th June at 9:00. Oliver Schäfer will provide detailed insights on the current developments in the sector and present our forecasts and expectations for the global market until 2019. EPIA’s leadership team will take part in different sessions to exchange on current and future Solar power trends.
Journalists attending Intersolar Europe are welcome to join our Press Conference on the 10th from 11:00 – 12:00 at the Press Center West, where Oliver Schäfer and James Watson will answer questions.
By Ioannis-Thomas Theologitis, Technology AdvisorEPIA’s solar power Operations and Maintenance Task Force has begun its work after the first meeting in the end of April. The successful meeting set the ground for the achievement of promising and business relevant outcomes. By establishing this taskforce EPIA, together with its members, will develop O&M best practice guidelines for the European solar sector, over the second half of the year.
The task force acknowledges the emerging importance of O&M to ensure the future performance of solar in Europe. Therefore EPIA is pleased to see that important stakeholders with highly recognised expertise in both European and non-European markets have already joined the Task Force. The Task Force is led by First Solar, and includes other leading solar companies with European and global activities: 3E, 7C Solarparken, Adler Solar, Alectris, DuPont, Enel Green Power, Enphase, Fortum, Lark Energy, meteocontrol, Primrose solar, Solarcentury, tco-solar, Trina Solar and UL.
The O&M Task Force continues its work at full speed, but it is never too late to join the decision body and contribute. If you are not a member please contact Myrto Papoutsi and step into the process of creating O&M guidelines for Europe. If you have any other questions about the Taskforce, please contact Ioannis Theologitis.
By Ioannis-Thomas Theologitis, Technology AdvisorThe Solar Bankability project, a consortium of 3E, ACCELIOS Solar, EURAC, EPIA and TÜV Rheinland is working together to establish common practice for professional risk assessment based on technical and financial due diligence. The consortium is focusing on technical risks, on the way they translate into costs and on the way financial returns appear in different business models.
The project consortium will be present and active at this year’s Intersolar Europe on the EPIA Solar Bankability Summit 11 June. The members of the Consortium will conduct a number of interviews with investors and relevant stakeholders in order to address important topics around the potential implications of technical risks on PV business models and also potential risk mitigation mechanisms. The project’s presentations will focus on capital expenditures, operational expenditures and business models over the life cycle of PV projects in order to get valuable inputs for our objectives which are to develop recommendations that will increase the trust of the investors and highlight best practice examples.
If you want to know more about this important project and support us with our research, please contact Ioannis Theologitis.
The Solar Bankability project has received funding from the European Union’s Horizon 2020 research and innovation programme under the grant agreement No 649997
By Frauke Thies, Chief Policy OfficerTenders have become a common practice for developing solar all over the world. In Europe, the new State Aid regime is going to reinforce this trend: By January 2017 or earlier, all new solar power plants above 1 MW will have to compete for support in a bidding process.
As far as the recent experience in the UK can tell, design parameters play a crucial role in this discussion. This will be even more the case in situations where solar is directly competing with other low cost renewable technologies such as wind.
Against this background, several companies have expressed the wish for EPIA to coordinate the development of industry guidelines in order to support policy-makers when designing new tendering schemes. Such an initiative would be based on the first European experiences, but could look also take into account lessons learned and best practices from around the world.
These guidelines would provide clear recommendations to projects developers, industry at large and governments.
We are planning a first scoping workshop in early July 2015, before the Task Force will then formally kick off after the summer. All EPIA members are invited to play an active role in this process and become member of this future Task Force.
To express your interest to receive further information, please contact Alexandre Roesch.
IRENA is mandated as the global hub for renewable energy cooperation and information exchange by its Members. It supports countries in their transition to a sustainable energy future, and serves as the principal platform for international cooperation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy.
IRENA’s online knowledge platform REsource, enables users to easily find country-specific data, create customized charts and graphs, and compare countries on metrics like renewable energy use and deployment. REsource also provides information on general renewable energy market statistics, potentials, policies, finance, costs, benefits, innovations, education and many other topics.
REsource users are permitted to freely use, access, copy, share, download, reproduce, print and view the REsource content, provided that all such content is clearly attributed to IRENA and bears a notation that it is subject to copyright by IRENA.