STE creates jobs in Europe

Based on the latest IEA estimates, € 39-57bn will be invested on average every year between 2015 and 2030, creating 275,000 to 520,000 jobs worldwide.


With dedicated EU political support, allowing in particular for the installation of 15GW STE in Europe between 2015 and 2030, the European STE industry is well positioned to capture a substantial share of this market and the related jobs. Up to 150,000 qualified jobs are at stake alone in Europe through these 15 years covering a wide spectrum of direct activities related to:


  • Engineering, development and financing
  • Manufacturing of components: reflectors, receivers, etc.
  • Construction, civil, installation and commissioning works
  • Operation and maintenance (O&M)


In addition to such direct activities, the European STE industry will in this case also create numerous indirect jobs: research, training, transport, information and communication (ICT) activities, general maintenance services, etc.


As reward for such a political support by EU, the European STE industry will return to member states more money than received in taxes: revenue taxes, VAT, social charges, corporate taxes, local community’s taxes, etc.