European reconstruction of solar container communication station inverter

4 FAQs about European reconstruction of solar container communication station inverter

Why should European inverter manufacturers invest in ipcei?

European inverter manufacturers are facing pressure and growing competition. A quickly implemented IPCEI will stimulate an innovative and sustainable investment leap forward, empowering Europe to keep pace with the rest of the world.

Why do we need a European inverter ecosystem?

European inverters have a critical opportunity to further tap into the technological advancements needed for the electrification and digitalisation of the energy system. The IPCEI aims to ensure that the EU inverter ecosystem maintains an innovation edge, globally. Also see: Inverters as interface of the energy transition

How many solar inverters are there in Europe in 2023?

In 2023, there was equivalent of 82.1 GW of solar inverter manufacturing capacity in the EU (compared to around 60 GW of solar installed in the same period). - While some EU inverter companies keep growing and announcing reinvestment plans, their relative market share in Europe is shrinking.

Why should we build on the success story of European inverters?

Dries Acke, Deputy CEO and Policy Director at SolarPower Europe said, “We need to build on the success story of European inverters. The electrification wave is a critical opportunity for Europe's inverters to seize the innovation edge and establish a competitive global market share.