According to a document cited by the Financial Times and entitled "RepowerEU," the European Commission aims for half of the group's energy to come from renewable sources by 2030. One of the recommendations in this plan is to "introduce an obligation to install rooftop solar panels on all new buildings and on all existing buildings with an energy performance rating of D or above (the most energy-consuming)."

Despite global uncertainties, renewable energy continues to grow. The latest data released by the International Renewable Energy Agency (IRENA) shows that as of 2021, the global renewable energy installed capacity reached 3064 gigawatts (GW), representing a 9.1% year-on-year increase.

Amid the escalating energy crisis in Europe, renewable energy PPA electricity prices have maintained an upward trend for three consecutive quarters, with a cumulative increase of 17.4% since March. There is a relatively large profit margin for project developers, and the acceptance of component prices in the European market is gradually increasing.

New PV installations are expected to reach 200-220GW in 2022. In 2021, affected by the overseas epidemic situation, the installation demand did not realize full release due to the high prices in the photovoltaic industry chain. Against the backdrop of burgeoning renewable energy, with the release of silicon material production capacity and the decline in prices at various levels of the industry chain, it is estimated that PV installations will grow by around 30% year-on-year in 2022, reaching 200-220GW.

SolarPower Europe's latest report "Outlook for the EU Solar Market 2021-2025" shows that 2021 was another record year for the European solar industry. In 2021, the EU is estimated to have 25.9GW of new photovoltaic installed capacity connected to the grid, a 34% increase from 19.3GW in 2020, and breaking the previous ten-year record of 21.4GW.

According to a recent report by industry consulting firm Resta Energy, it is anticipated that more than half of the photovoltaic projects worldwide may face delays or cancellations due to the surge in raw material and transportation costs.

The parliament of the German state of Baden-Württemberg has passed a law amendment on October 6 local time, requiring all new buildings within the state to install photovoltaic solar systems on the roofs starting from May 1 next year.

According to research by the EU's PV CYCLE organization, glass accounts for approximately 70% of the total weight of waste photovoltaic modules, aluminum materials account for about 18%, and semiconductor materials account for about 4%.

With the rapid development of solar photovoltaic power generation, the issue of recycling and reusing waste photovoltaic modules has emerged. According to the International Renewable Energy Agency (IRENA), it is estimated that by 2030, the accumulated waste photovoltaic modules worldwide will reach millions of tons.

According to a draft law, the German government plans to accelerate the development of wind and solar energy, as part of its climate protection plan. The draft law indicates that Germany's plan is to raise the onshore wind energy installed capacity from the previous goal of 71GW to 95GW by 2030, and to increase the solar energy installed capacity from 100GW to 150GW.