The European Photovoltaic Industry will invest around 740 million euros in R & D in order to achieve the competitiveness of all its segments.
The initiative of the European Solar Industry (SEII, its acronym in English) to be filed Thursday in Madrid at the European Conference on the SET Plan will contribute to reach 12% of the supply solar photovoltaic electricity demand by 2020 .
The Association of European Photovoltaic Industry Association (EPIA), the industry association world’s largest photovoltaic, together with the European Photovoltaic Technology Platform, presented at the SET Plan Conference held on 3 and 4 June in Madrid under the under the Spanish Presidency of the EU, the initiative of the Solar Photovoltaic Industry.
The Implementation Plan 2010-2012 announced that during the next three years will be required to invest 1.2 billion euros in R & D to optimize production aimed at reducing costs and improving the interface between the grid and photovoltaic systems.
These are the first steps designed to achieve in this decade, competition in the selling prices of electricity for residential and commercial sectors and in areas with high irradiation and even competitive with conventional fossil fuels for industrial applications. The investment would reach exactly 1,235 million euros, of which nearly 60% will come from the private sector, while the remaining amount has to be balanced between the European Commission and EU Member States.
Since last year, EPIA and the European Photovoltaic Technology Platform have worked together with the European Commission and representatives of Member States in the initiative. As a result, sixteen Member States have expressed their commitment to supporting the Photovoltaic Solar Initiative of the European Industry has identified three common areas of high priority in the short term: advanced manufacturing processes for all photovoltaic technologies aimed at reducing costs and improve efficiency, development of building integrated photovoltaic products (BIPV) and applications to facilitate and reduce integration costs the same, and outdoor test concentrator photovoltaic technology. It was further agreed that in the long term, materials (including organic solar cells) and the development of intelligent modules for easy integration into the network will be the priority themes.
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