Is the EU facing a solar PV dilemma in 2025?

The European Union’s (EU) solar PV sector and policymakers face a dilemma in 2025. Last The European Union’s (EU) solar PV sector and policymakers face a dilemma in 2025. Last year, the EU made significant progress on solar installations, surpassing the halfway mark toward the REPowerEU 2030 target of 600GW of cumulative solar PV installations.

What is the 2025 Europe PV system pricing report?

The 2025 Europe PV system pricing report covers solar capex for 15 major countries across residential, commercial and utility-scale segments. It includes detailed breakdowns for national average system costs for France, Germany, Italy, Spain and the UK across the three segments.

How many solar PV installations are there in Europe in 2024?

In 2024, the EU achieved record solar PV installations of 65.5GW — Figure 8.1, bringing its total solar capacity to 338GW—four times the amount of a decade ago.358 This was highlighted by a record 16.2GW of solar PV installations in Germany alone in 2024.

How did China's solar PV & Bess installations perform in 2024?

China’s solar PV and BESS installations shattered all forecasts in 2024. In 2024, China accounted for half of all new solar PV installations and 70% of global BESS deployments. Ongoing policy support, infrastructure investment, and cost reductions propelled installations to record levels.

Why did P25 solar PPA prices drop 5% in Q2 2025?

P25 solar PPA prices on LevelTen Energy's Market-Averaged Continental Index for Europe declined by more than 5% in Q2 2025. After three quarters of stable trends, Q2’s price drop reinforces that the sharp increases of recent years have leveled off, giving PPA buyers greater clarity and improved conditions to act with confidence.

Why are solar PV prices so low in 2025?

In 2025, the global solar PV manufacturing sector is grappling with structural overcapacity throughout the supply chain, as seen with modules — see Figure 3.1. The rapid expansion of Chinese manufacturing leading to significant overcapacity has driven solar PV prices to record lows (-60-80% yoy in every solar PV supply segment141).