European Solar Power Markets

The European solar power market is primarily driven by government incentives and Europe’s agenda for clean energy. The photovoltaic solar market is undergoing a transition as the era of generous subsidies comes to an end and solar system prices continue to plummet. Chinese manufactures are exerting additional pricing pressure on their European counterparts, forcing inefficient companies to exit the market. In the concentrated solar power market, technology developers continue to innovate and focus on reducing the cost of energy. Companies with adequate installed base, strong track record and technology ownership are assuming market leadership positions.