Net Metering System that uses Discount Mechanism to Balance Annual Energy that is Delivered and Purchased will be Future Catalyst for Europe’s Solar Panel Market: Report

The European Solar market is driven by net metering system which uses a discount mechanism to balance annual energy that is delivered and purchased.

August 06, 2022. By News Bureau

The European Solar market is driven by net metering system which uses a discount mechanism to balance annual energy that is delivered and purchased. Growth for solar PV particularly in Denmark, Spain and Italy is pioneered by net-metering.

The drastic reduction in FIT and increase in grid parity makes it easier to integrate renewable energy system for net-metering and self-consumption.

 

The presence of a number of highly experienced facilitators ranging from wafers manufacturers, modules manufacturer, project developers to installers provide integrated structure for rapid market growth. 

High installation facilitators for solar photovoltaic are responsible for creating the fast projects and low installation cost.

Innovative Application Like BIPV and Agri-PV: Innovation is one of the major driver for growth of solar panel in Europe. Applications going beyond rooftop PV such as building-integrated PV and Agri PV can be deployed across all structures and terrains.

The agriPV solution by German start-up Next2sun involve vertically ground- mounted solar modules and solar tubes by TubeSolar which produce electricity when set up on farmland while protecting crops from hailstorm.

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