European Green Deal is Important for the Development of Solar Photovoltaic (PV) Power Market in Europe

 

/2nd April 2020, by Renewable Market Watch™/

 

Climate change and environmental degradation are an existential threat to Europe and the world. To overcome these challenges, Europe needs a new growth strategy that transforms the Union into a modern, resource-efficient and competitive economy where:

  • there are no net emissions of greenhouse gases by 2050;
  • economic growth is decoupled from resource use;
  • no person and no place is left behind.

The European Green Deal is a roadmap for making the EU's economy sustainable. This will happen by turning climate and environmental challenges into opportunities across all policy areas and making the transition just and inclusive for all. The European Green Deal provides a roadmap with actions to:

  • boost the efficient use of resources by moving to a clean, circular economy;
  • restore biodiversity and cut pollution;

It outlines the investments needed and financing tools available and explains how to ensure a just and inclusive transition. The EU will be climate neutral in 2050. To do this, the EU Commission (EC) proposed a European Climate Law turning the political commitment into a legal obligation and a trigger for investment.

Reaching this target will require action by all sectors of our economy, including:

  • investing in environmentally-friendly technologies
  • supporting industry to innovate
  • rolling out cleaner, cheaper and healthier forms of private and public transport
  • decarbonising the energy sector
  • ensuring buildings are more energy efficient
  • working with international partners to improve global environmental standards

The EU will also provide financial support and technical assistance to help people, businesses, and regions most affected by the green economy's move. This is called the Just Transition Mechanism and will help mobilise at least €100 billion over 2021-2027 in the most affected regions.

The more information about how the European Green Deal will affect the solar power market in Europe including full contact details of solar power project owners and developers you may read here: Europe Solar Photovoltaic (PV) Power Market Outlook: 2020 ÷ 2030

To download an executive summary brochure with sample pages, please access from here: Europe Solar Photovoltaic (PV) Power Market Outlook: 2020 ÷ 2030 - Sample

For a better understanding of the benefits of using our reports, you may read here: Benefit List - Reports of Renewable Market Watch 

 

About Renewable Market Watch™

Renewable Market Watch™ is delivering strategic insight into emerging renewable energy markets through its experienced research team and cutting edge predictive analytics data platform. We partner with our customers to provide research, data and consulting reports in areas appropriate to their specific requirements. Our primary focus is emerging renewable energy markets of the Asia Countries, Balkan countries, Central and Eastern Europe, CIS states (former Soviet Union), LATAM countries and MENA countries. For more information about Renewable Market Watch™ please visit:
http://renewablemarketwatch.com/about-us

 

 

 

Latest News

Romanian Solar Summit 2021 on 27 May 2021 in Bucharest at Intercontinental Hotel

Romanian Solar Summit 2021 on 27 May 2021 in Bucharest at Intercontinental Hotel Read More

Masdar and Taaleri Energia Invest in a 65 MWp Solar Photovoltaic (PV) Power Plant in Greece

Masdar and Taaleri Energia Invest in a 65 MWp Solar Photovoltaic (PV) Power Plant in Greece Read More

FPM Projektmanagement from Germany Secures Financing for the Largest Rooftop Solar Photovoltaic Power Plant in Europe to date with a capacity of 23 MWp

FPM Projektmanagement from Germany Secures Financing for the Largest Rooftop Solar Photovoltaic Power Plant in Europe to date with a Read More
  • 1
  • 2
  • 3

From Our Blog

Western Balkans Wind Power Market Outlook 2020÷2030 by Renewable Market Watch with Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

Western Balkans Wind Power Market Outlook 2020÷2030 by Renewable Market Watch with Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact Read More

EBRD Confirms Commitment to Provide Green Energy Finance in Western Balkans

EBRD Confirms Commitment to Provide Green Energy Finance in Western Balkans Read More

RP Global Projekti Plans to Build an 18 MW Novalja Solar Photovoltaic Power Plant Project in Croatia in 2020

RP Global Projekti Plans to Build an 18 MW Novalja Solar Photovoltaic Power Plant Project in Croatia in 2020 Read More
  • 1
  • 2
  • 3