Objective
Scenarios have forecasted a long lasting amplification with PV electricity becoming the cheapest electricity source in many regions with costs in the range of 4 to 6 c€/kWh for EU by 2024, while 2.2 c€/kWh has been achieved for a 800 MW PV plant planned in Abu Dhabi for 2019.
The PV market will continue to expand in the coming years with more than a doubling in the production capacity expected for 2024. At the same time investment in production capacities is foreseen to keep growing hence maintaining the sector highly competitive.
For the European PV industry, which is struggling to survive after years of massive investments in China and south-east Asia, the growth of the market represents a chance to come back as a prime player on high-efficiency premium technologies. This is the positioning of GOPV to develop highly competitive technologies for the PV utility market and strong synergies between European players. The project will accelerate reduction of electricity cost implementing advanced PV features and creating synergies across 5 topic areas: Light Management; Energy Efficiency; Material Efficiency; System Reliability; and System configuration and O&M. Ultimately, it will set up an integrated 250 kW PV system to demonstrate a competitive electricity cost of 0.02 €/kWh for irradiation levels of 1900 kWh/m²/year GHI in Southern Europe. The levelised cost of electricity (LCOE) will hence be reduced by 50% (currently 0,04 €/kWh) and the energy payback time reduced by 40%, both in respect to actual standard solution and to PERC best in class mono-facial solution. GOPV project will deliver a 35 years lifetime for the PV string instead of 25 years standards.
Beyond GOPV, the global turnover for the six industrial partners exploiting the results of the project will be close to 48 M€ (2022) and will reach 680 M€ in 2027 (x 14 compare to 2020) with an expectation of creating more than 2000 jobs on the 2022-27 period.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
- engineering and technology environmental engineering energy and fuels renewable energy solar energy photovoltaic
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
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H2020-EU.3.3.2. - Low-cost, low-carbon energy supply
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
IA - Innovation action
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-LCE-2016-2017
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
75015 PARIS 15
France
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.