Net metering system that uses a discount mechanism to balance annual energy that is delivered and purchased will be the Future Catalyst for Europe Solar Photovoltaic Panel Market: Ken Research

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• In April 2022, Trina Solar Co., Ltd launched the Vertex S+ module series for European rooftops. It has features like dual-glass design, 210mm n-type Vertex cells and is designed for maximum compatibility as well as easy installation.
• In September 2021, Hanwha Q CELLS participated in Berlin's "Solar city Masterplan", an initiative created to help the city achieve climate-neutrality. The company participated with a plan to equip the rooftops of commercial and residential facilities in Berlin with solar PV modules to provide clean and eco-friendly electricity to users.
• In September 2019, JinkoSolar Holding Co., Ltd signed a contract with METKA GEN for 300 MW of JinkoSolar's ultra-high efficiency Cheetah modules to be installed at a solar power plant in Caceres Spain. ("The Talasol Project"). This project is one of the largest utility scale projects in Europe and is expected to set a benchmark in Europe in terms of competitively-priced and subsidy-free solar power.

GURUGRAM, India, Aug. 5, 2022 /PRNewswire/ -- Net metering and Self-Consumption Policies: The European Solar market is driven by net metering system which uses a discount mechanism to balance annual energy that is delivered and purchased. Growth for solar PV particularly in Denmark, Spain and Italy is pioneered by net-metering. The drastic reduction in FIT and increase in grid parity makes it easier to integrate renewable energy system for net-metering and self-consumption.

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Integrated Market Structure: The presence of a number of highly experienced facilitators ranging from wafers manufacturers, modules manufacturer, project developers to installers provide integrated structure for rapid market growth. High installation facilitators for solar photovoltaic are responsible for creating the fast projects and low installation cost.

Innovative Application Like BIPV and Agri-PV: Innovation is one of the major driver for growth of solar panel in Europe. Applications going beyond rooftop PV such as building-integrated PV and Agri PV can be deployed across all structures and terrains. The agriPV solution by German start-up Next2sun involve vertically ground- mounted solar modules and solar tubes by TubeSolar which produce electricity when set up on farmland while protecting crops from hailstorm.

Analysts at Ken Research in their latest publication "Europe Solar Photovoltaic Panel Market Outlook and Forecast to 2027 - Driven by Favorable Policies to Achieve Carbon Neutrality by 2050 and Integrated Market Structure Enabling Fast Projects: Ken Research" believe that the Solar Photovoltaic Panel market is expected to grow on the basis of net metering and self-consumption policies due to their affordability & flexibility to meet varying needs of different industry users.

Key Segments Covered in Europe Solar Photovoltaic Panel Market:-

• Europe Solar Photovoltaic Panel Market By Technology
• Monocrystalline Silicon
• Thin-Film
• Polycrystalline Silicon
• Others
• Europe Solar Photovoltaic Panel Market By Connectivity
• On-Grid
• Off-Grid
• Europe Solar Photovoltaic Panel Market By Deployment
• Ground-Mounted
• Rooftop Solar
• Europe Solar Photovoltaic Panel Market By End User Segment
• Residential
• Commercial
• Industrial
• Utility
• Europe Solar Photovoltaic Panel Market By Geography and Major Countries
• Germany
• Spain
• The Netherlands
• France
• Poland

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Key Target Audience:-

• Solar Cells Manufacturers
• Solar Panel Manufacturers
• Solar Panel Raw Material Suppliers
• Solar Panel Assemblers
• Solar Panel Distributors
• Solar Energy Equipment Assemblers
• Solar Power Generation Equipment Manufacturers
• Utilities Departments
• Solar Energy Research Organizations
• Renewable Energy Research Organizations
• Investment Funds
• Independent Power Producers (IPP)
• Allied/Auxiliary industries for Solar Panels
• Potential Investors in Solar Panel Companies
• Renewable Energy Providers
• Ministries of Energy and Power Generation
• Ministries of Energy and Power Distribution
• Environment Control and Emission Regulatory Organizations

Time Period Captured in the Report:-

• Historical Period: 2017-2021
• Forecast Period: 2022-2027F

Major Solar Photovoltaic Panel Companies in Europe Mentioned in the Report:-

• Jinko Solar
• Canadian Solar
• First Solar
• Hanwha Corporation
• SHARP Corporation
• Trina Solar
• JA Solar Technology Co., Ltd
• Photowatt
• Solarwatt
• Luxor Solar
• Megasol Energy Ltd.
• SoliTek

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Notable Emerging Solar Photovoltaic Panel Companies in Europe Mentioned in the Report:-

• Soluxtec GmbH
• AxSun Solar GmbH & Co. KG
• aleo solar
• Calyxo TS Solar GmbH
• Onyx Solar Group LLC
• SolarMente
• Zytech Solar
• 4solar
• ARIENS SOLAR
• Corab
• Eolus
• SOLEMS S.A.
• beem-energy
• Sillia Energia
• VOLTEC solar

Key Topics Covered in the Report:-

• Snapshot of Europe Solar Photovoltaic Panel Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of Europe Solar Photovoltaic Panel Market
• Historic Growth of Overall Europe Solar Photovoltaic Panel Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter's 5 Forces Analysis of Europe Solar Photovoltaic Panel Industry
• Overview, Product Offerings, and SWOT Analysis of All the Key Competitors
• Covid 19 Impact on the Overall Europe Solar Photovoltaic Panel Market
• Future Market Forecast and Growth Rates of the Total Europe Solar Photovoltaic Panel Market and by Segments
• Market Size of End User Industries with Historical CAGR and Future Forecasts
• Analysis of Europe Solar Photovoltaic Panel Market in Major European Countries
• Major Production / Consumption Hubs in the Major Countries
• Major Production/Supply and Consumption/Demand Hubs in Each Major Country
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Europe Solar Photovoltaic Panel Companies within Each Major Country
• Ground-mounted Solar Photovoltaic Panel Market
• Solar Photovoltaic Panel Ground-Mounted Market
• Ground-mounted Solar PV Panel Market
• Solar PV Panel Ground-Mounted Market
• Rooftop Solar Photovoltaic Panel Market
• Solar Photovoltaic Panel Rooftop Market
• Covid-19 Impact on Solar Photovoltaic Panel Market
• Covid-19 Impact on Solar PV Panel Market
• Covid-19 Impact on Photovoltaic Panel Market
• Commercial Photovoltaic Panel Market
• Hanwha Corporation Solar Photovoltaic Panel Market
• Canadian Solar Inc. Solar Photovoltaic Panel Market
• Trina Solar Photovoltaic Panel Market
• First Solar Photovoltaic Panel Market
• JA Solar Photovoltaic Panel Market

For more information on the research report, refer to below link:-

Europe Solar Photovoltaic Panel Market

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Frequently Asked Questions:-

What is the Study Period of this Market Report?

The Europe Solar Photovoltaic Panel Market is covered from 2017 – 2027 in this report, which includes a forecast for the period 2022-2027.

What is the Future Growth Rate of Europe Solar Photovoltaic Panel Market?

The Europe Solar Photovoltaic Panel Market is expected to witness a CAGR of about 19% over the next 5 years.

What are the Key Factors Driving the Europe Solar Photovoltaic Panel Market?

Net-metering system and favourable government policies are expected to be the primary drivers of this market.

Which is the Fastest Growing Technology Segment within the Europe Solar Photovoltaic Panel Market?

Monocrystalline Silicon is the fastest growing technology segment within the Europe Solar Photovoltaic Panel Market.

Who are the Key Players in Europe Solar Photovoltaic Panel Market?

Jinko Solar, Canadian Solar, First Solar, Hanwha Corporation, SHARP Corporation, Trina Solar, JA Solar Technology Co., Ltd, Photowatt, Solarwatt, Luxor Solar, Megasol Energy Ltd., and SoliTek are the major companies operating in Europe Solar Photovoltaic Panel Market.

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SOURCE Ken Research