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From January to August, the import of PVmodules in Europe exceeded 60GW, creating a historical record of 62.4GW in thesame period! 62.4GW far exceeds the estimated 39GW in 2022 in the report"global solar Market Outlook 2022-2026" released bySolarPowerEurope(SPE) in June this year.

At the same time, this figure also exceedsthe installed capacity of new solar power generation in China from January toAugust: 44.47GW! It is optimistic that in the remaining four months of 2022, itis still possible for Europe to import 18GW photovoltaic modules, with thetotal annual import volume exceeding 80GW. According to this figure, GlobalPhotovoltaic predicts that in 2022, the installed capacity of new photovoltaicsin Europe is expected to be 55–65 GW, with a year-on-year increase of more.

At the beginning of this year, institutionshad expected that Europe would add 39GW, a year-on-year increase of 50%; Chinaadded 100GW, up 82% year-on-year.The recent new energy policy in Europe alsoprovides policy support for this figure:On September 14th, the EuropeanParliament voted for the target of 45% renewable energy in the EU energystructure by 2030 with 418 votes in favor, 109 votes against and 111abstentions. According to the current legislation, the EU is obliged to meet atleast 32% of its renewable energy needs by 2030; In June this year, EU memberstates just decided to achieve 40% renewable energy by 2030.

According to reports, since 2023, Germanywill exempt qualified rooftop PV from income tax and corresponding value-addedtax. At present, facing the shortage of energy supply in the European marketand the continuous energy crisis, countries adopt corresponding tax-freepolicies to deal with this energy crisis, as well as the huge demand for newenergy products. Multifit will also pay close attention to its demand.

In the future, Multifit will continue toadhere to the development mission of "high efficiency and energy saving,so that more people can enjoy green energy", base on the photovoltaicindustry, and strive to make the company a respected first-class photovoltaicpower generation enterprise.