09 Nov '17, 2pm

The European solar market progressed rapidly between 2008 and 2011, but later cooled off because of regulatory

The European solar market progressed rapidly between 2008 and 2011, but later cooled off because of regulatory

The solar PV industry will create 94,000 new jobs in Europe between 2016 and 2021, says an EY report commissioned from industry association SolarPower Europe. At the beginning of the next decade, the sector will employ 174,700 full-time equivalents, a growth of 145% from 81,000 in 2016 but still a lower amount than 250,000 in 2008. The European solar market progressed rapidly between 2008 and 2011, but later cooled off because of regulatory changes in several countries. As a result, “the socio-economic contribution of the PV industry in 2016 has fallen in most European countries”, says the report. Only the UK and France and some other countries with a small PV installed capacity have seen an increase in supported jobs in this period. An overall recovery for the sector is now forecast from 2018, as more EU countries aim to increase the portion of renewables in their energy ...

Full article: http://www.sunwindenergy.com/photovoltaics/solar-job-mark...

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