25 Sep '12, 10am

Europe Installed Two-Thirds of the World's New Solar Power in 2011 - CleanTechnica

Europe Installed Two-Thirds of the World's New Solar Power in 2011 - CleanTechnica

Currently, the main challenge for the European solar power industry is the enormous investment that its competitor, China, is making in PV manufacturing, “which has led to an economy of scale in manufacturing in that country. However, the delivery of manufacturing equipment from Europe to Asia is still beneficial as Europe still has the lead in PV research and development, thereby innovating the European PV manufacturing equipment industry.” The new report also highlights that solar power technology and installations are a global business and that future innovative technologies could likely arise out of international cooperation, in partnerships formed with Asia and with the United States.

Full article: http://cleantechnica.com/2012/09/25/europe-installed-two-...

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