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In a podcast, former Volkswagen CEO Herbert Diess famous the significance of lowering reliance on China within the photo voltaic business. However he mentioned plans to arrange manufacturing in Europe require state assist and the precise situations.
Herbert Diess, the previous CEO of German carmaker Volkswagen, unveiled a plan to construct a vertically built-in PV module manufacturing unit in Europe.
“I wish to deliver the photovoltaic business again to Europe,” he mentioned in a podcast with Gabor Steingart for The Pioneer. “Photovoltaics is aggressive with coal and nuclear and can turn out to be much more fashionable by means of additional scaling. Photo voltaic power will quickly be the dominant power supply.”
He referred to as for higher independence from China for provides of PV elements. He famous that the once-thriving photo voltaic business has virtually fully disappeared from Europe. However he mentioned the primary reconstruction makes an attempt are actually underway – the brand new Meyer Burger crops in Germany are one instance.
“We had been too impatient. Each business has a ramp-up interval, In any case, China managed what Europe could not do,” mentioned Diess. “We should always deliver photo voltaic again, as we will be aggressive. In any case, there is just one giant analysis panorama, many installers and PV system suppliers, however small module producers … I’m at the moment in talks with a number of gamers in Europe, but in addition with Chinese language corporations.”
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Diess mentioned there’s a want for big producers and in addition coverage assist. He mentioned he goals to arrange 20 GW of built-in PV manufacturing capability. He estimates one other plant is required for polysilicon – two for wafers and ingots, and 4 for photo voltaic cells. A complete of 15 to twenty factories would must be constructed so as to obtain 20 GW in any respect levels of the worth chain, mentioned the previous automobile supervisor. He estimates the funding required for this at €10 billion ($10.9 billion) to €20 billion.
“We want framework and market situations that enable such investments,” mentioned Diess.
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