Renewables

Greece most mature solar market in Balkans

Published

March 3, 2016

Country

Comments

comments icon

0

Share

Published:

March 3, 2016

Country:

Comments:

comments icon

0

Share

Solar grew by 15% in Europe last year, connecting 8 GW of power to the grid, according to SolarPower Europe’s data. Formerly called EPIA (European Photovoltaic Industry Association), the international body revealed global grid-connected solar increased by 25% to an estimated 50.1 GW in 2015.

The industry figures were presented at the 11th Solar Market Workshop. For the second year in a row, the United Kingdom took the first place in Europe, with an estimated 3.7 GW. With nearly 100 GW of installed capacity, it is the most solarized continent. No other region can boast solar shares as high as Europe – on average nearly 4% of electricity consumption and in its most mature markets, such as Germany, Greece and Italy, around 8%, the press release adds.

Last year was extremely successful for solar and after thre consecutive years of decline in Europe it is especially encouraging to see the sector grow again says Oliver Schafer, president of SolarPower Europe. The base for Europe’s solar power demand mainly derived from three countries – the United Kingdom, Germany and France. They accounted for 75% of the connections, with 5.3 GW. In 2014 their share was also 75%, but equal to 6 GW.

“The challenge is now to quickly master the transition phase – from European solar markets that grew on very high premium feed-in tariff incentives, to new market-based frameworks, where prosumers use solar power for self-consumption in residential, commercial and industrial sectors. We must now create a smart market design that builds on the strengths of the solar power technology to be able to profit from the low cost solar has achieved,” says James Watson, CEO of SolarPower Europe.

On a global level, new solar power capacity increased by 25%, adding 50 GW in 2015. An estimate 228 GW of solar power are now installed in the world, up from 178 GW in 2014. The two biggest markets are again located in Asia – China and Japan, the US ranked third. China not only added more than twice as much solar as Europe, it also exceeded 40 GW of total installed capacity, taking over the No. 1 country place from long-time leader Germany.

Related Articles

Greenvolt GE Vernova wind turbines 250 MW project in Romania

Greenvolt orders GE Vernova wind turbines for its 250 MW project in Romania

05 December 2025 - GE Vernova said it would start delivering 42 wind turbines next year to Greenvolt Power for the Gurbănești project near Bucharest

Wpd obtains wind power approvals in Greece for 225 MW

Wpd obtains wind power approvals in Greece for 225 MW

04 December 2025 - Wpd has won environmental approvals for a wind power project of 147.6 MW in Central Greece and one for 77 MW in Thrace

bih serbia elnos Sinohydro powerchina vetrozelena wind farm contract

Elnos to construct grid connection for wind farm Vetrozelena in Serbia

04 December 2025 - Vetrozelena, with its planned 300 MW, is the largest wind power plant under construction in Serbia

Quota surpassed at Romania bonus wind power auction

Quota surpassed at Romania’s bonus wind power auction

04 December 2025 - Romania apparently achieved moderately lower prices at its bonus wind power auction for CfDs than in the regular round