Following the successful launch of the Solar Manufacturing Accelerator, SolarPower Europe and EIT InnoEnergy launch the European Solar Initiative (using the blueprint of the European Battery Alliance). Based on the important market prospects for solar PV in the next decade, and on the technological leadership of European companies, the European Solar Initiative aims at re-starting (effectively re-shoring) the PV manufacturing industry across the entire value-chain, in Europe, with the objective to capture 20GW of yearly solar capacity additions forecast in Europe towards 2025.