The Commission relies on the REPowerUE Plan

The European Commission approves a new solar industry alliance, with the aim of developing manufacturing technologies.

Share:

The European Commission approves a new solar industry alliance, with the aim of developing manufacturing technologies. This decision is in line with the REPowerUE Plan’s goal of developing a clean industry for clean energy.

The deployment of solar energy

With this alliance, the European Commission hopes to accelerate the deployment ofsolar energy in the European Union. In addition, it also seeks to improve the resilience of the energy system.

Thierry Breton, responsible for the single market, says:

“The alliance will foster an innovative and value-creating industry in Europe, which will lead to job creation here. The European solar industry has already created more than 357,000 jobs. We have the potential to double those numbers by the end of the decade.”

Once established, the alliance will bring together all players with an interest in the solar photovoltaic sector. In addition, it will provide an action plan for the solar industrial value chain. The launch of the alliance is expected by the end of the year.

The REPowerUE strategy

The European Commission will work with EITInnoEnergy to establish the alliance, building on the positive results of the Battery Alliance. Indeed, if Brussels wants to achieve its objectives in terms of independence and energy transition, an acceleration seems essential. Thus, this new alliance of the solar industry must allow the Union to reach 45% of renewable energy by 2030.

The alliance is one of the concrete initiatives of the European strategy, adopted in May 2022 as part of the REPowerEU plan. The initiative will help reach more than 320GW of newly installed solar PV capacity by 2025. Brussels aims to increase this capacity to nearly 600GW by 2030

Réseau de transport d’électricité is planning a long-term modernisation of its infrastructure. A national public debate will begin on September 4 to address implementation methods, challenges and conditions.
The Spanish Parliament has rejected a package of reforms aimed at preventing another major power outage, plunging the national energy sector into uncertainty and revealing the fragility of the government's majority.
The U.S. government has supported Argentina’s request for a temporary suspension of an order to hand over its stake in YPF, a 16.1 billion USD judgment aimed at satisfying creditors.
The United States Environmental Protection Agency extends compliance deadlines for coal-fired power plant operators regarding groundwater monitoring and the closure of waste ponds.
Eskom aims to accelerate its energy transition through a new dedicated unit, despite a USD22.03bn debt and tariff uncertainties slowing investment.
Several major U.S. corporations announce investments totaling nearly USD 90 billion to strengthen energy infrastructure in Pennsylvania, aimed at powering data centers vital to the rapid growth of the artificial intelligence sector.
Nearly USD92bn will be invested by major American and international groups in new data centres and energy infrastructure, responding to the surge in electricity demand linked to the rise of artificial intelligence.
Nouakchott has endured lengthy power interruptions for several weeks, highlighting the financial and technical limits of the Mauritanian Electricity Company as Mauritania aims to widen access and green its mix by 2030.
Between 2015 and 2024, four multilateral climate funds committed nearly eight bn USD to clean energy, attracting private capital through concessional terms while Africa and Asia absorbed more than half of the volume.
The Global Energy Policies Hub shows that strategic reserves, gas obligations, cybersecurity and critical-mineral policies are expanding rapidly, lifting oil coverage to 98 % of world imports.
According to a report by Ember, the Chinese government’s appliance trade-in campaign could double residential air-conditioner efficiency gains in 2025 and trim up to USD943mn from household electricity spending this year.
Washington is examining sectoral taxes on polysilicon and drones, two supply chains dominated by China, after triggering Section 232 to measure industrial dependency risks.
The 2025-2034 development plan presented by Terna includes strengthening Sicily’s grid, new interconnections, and major projects to support the region’s growing renewable energy capacity.
Terna and NPC Ukrenergo have concluded a three-year partnership in Rome aimed at strengthening the integration of the Ukrainian grid into the pan-European system, with an in-depth exchange of technological and regulatory expertise.
GE Vernova has secured a major contract to modernise the Kühmoos substation in Germany, enhancing grid reliability and integration capacity for power flows between Germany, France and Switzerland.
The National Energy System Operator forecasts electricity demand to rise to 785 TWh by 2050, underlining the need to modernise grids and integrate more clean energy to support the UK’s energy transition.
Terna has signed a guarantee agreement with SACE and the European Investment Bank to finance the Adriatic Link project, totalling approximately €1bn ($1.08bn) and validated as a major transaction under Italian regulations.
India unveils a series of reforms on oil and gas contracts, introducing a fiscal stability clause to enhance the sector’s attractiveness for foreign companies and boost its growth ambitions in upstream energy.
The European Commission is launching a special fund of EUR2.3bn ($2.5bn) to boost Ukraine’s reconstruction and attract private capital to the energy and infrastructure sectors.
Asia dominated global new renewable energy capacity in 2024 with 71% of installations, while Africa recorded limited growth of only 7.2%, according to the latest annual report from IRENA.