Inverters Explained 2.0: Strengthening Europe''s Inverter Industry
With Germany, Austria, Spain, and Italy currently hosting the most inverter manufacturing capacity, the proposal identifies the countries as the potential member state
Dutch solar technology company MCPV has received a EUR-10-million (USD 11m) state grant to advance the development of a 2.5-GW solar module production facility in Spain. Rendering of MCPV's planned solar module factory in the Netherlands. Image credit: MCPV.
Netherlands-based solar PV manufacturer MCPV has received approval for a €10 million grant for the construction of a 2.5 GW solar module factory in Tudela, in the Spanish region of Navarra, the company's CEO, Marc Rechter, told pv magazine. “This is a good amount to get the first stage going.
Grid-forming abilities. Enhanced cyber-preparedness. Ensuring interoperability. Europe has a strong foundation in its inverter manufacturing industry. In 2023, there was equivalent of 82.1 GW of solar inverter manufacturing capacity in the EU (compared to around 60 GW of solar installed in the same period).
Last year, MCPV announced €4.2 million ($4.6 million) in government support from the National Growth Fund in the Netherlands for a 4 GW solar cell plant to be built in Veendam, Netherlands. The company, which has a silicon heterojunction (HJT) technology roadmap, expects both plants to be fully operational by 2029, according to Rechter.
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