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The solar industry is in a bullish mood despite negativity around the rest of the economy
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From FORESIGHT Climate & Energy, Watt Matters is a podcast all about the energy transition and the shift to a decarbonised economy.
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As we move into the second half of the year, a key trend of the first part of 2023 is the confidence that surrounds the solar sector. With a number of new policy packages announced over the past 12 months, the industry is buoyed by new momentum.
In its latest Market Outlook, SolarPower Europe, a trade association, revealed that 239 gigawatts (GW) of solar power capacity was installed in 2022, with 118 GW in the rooftop segment. Having taken 22 years to reach its first terawatt of capacity, the world will reach its second and third terawatt in just the next five years.
But there are still problems that the solar sector needs to face up to: a supply chain dominated by Chinese companies and an ongoing lack of regulation in Europe to support the scale-up further.
To discuss why the sector is invigorated and the barriers to overcome, our guest on the podcast this week is Dries Acke, a director at SolarPower Europe.
Enjoy the show.
If you have any thoughts or questions about anything that has been discussed in this week’s episode, you can reach us at our Twitter accounts:
Dries Acke
Kira Taylor
Michaela Holl
Jan Rosenow
David Weston
@WattMattersPod
FORESIGHT Climate & Energy
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Illustration: Masha Krasnova-Shabaeva.
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