Core Insights - The 42nd European Photovoltaic Solar Energy Conference and Exhibition opened in Bilbao, Spain, showcasing cutting-edge achievements and ideas in the photovoltaic industry with nearly 60 exhibitors and 1800 experts in attendance [1] Group 1: Industry Trends - In 2024, Europe is expected to add over 65 GW of new photovoltaic capacity, bringing the total to approximately 338 GW, marking a historic shift where solar power generation surpasses coal [2] - The EU aims for about 600 GW of photovoltaic capacity by 2030, reflecting ambitious future plans [2] - However, challenges such as a slowdown in growth and policy uncertainties are emerging, with predictions indicating a slight decrease in new installations in 2025 compared to the previous year [2] Group 2: Technological Developments - Perovskite and silicon tandem cells are highlighted as the "stars" of the event, with discussions focusing on efficiency and long-term reliability, emphasizing the importance of maintaining performance over 20-30 years [1] - Chinese company Chuanhuo Photovoltaic showcased its latest perovskite solar cell manufacturing solutions, which promise higher light absorption and lower manufacturing costs compared to traditional silicon-based solar cells [3][5] Group 3: Collaboration and Market Dynamics - The cooperation between China and Europe in photovoltaic research, standards, and sustainable development is emphasized as essential for the industry's future [2][6] - Chuanhuo's CTO noted that addressing the complementary nature of technology and supply chains, as well as material stability, requires collaborative efforts between China and Europe [5][6] - Carlos del Canizo, the chairman of the conference, stated that cooperation in the photovoltaic sector is not optional but necessary, highlighting the interdependence of China's industry development and global market openness [6]