Eight EU countries on track to meet new NECP solar power targets before 2030
Cyprus and Croatia are among the EU countries that may hit their 2030 PV targets early, SolarPower Europe said, citing updated NECPs
Despite rising costs, solar is unstoppable – Global Market Outlook 2023-2027
In 2022 the world installed 239 GW of new solar, finally crossing the 1 TW threshold, with rooftop solar contributing with almost 40 GW, according to the Global Market Outlook for solar power 2023-2027. SolarPower Europe, which produced the report, said this was due to the unmatched versatility of solar – powering individual energy self-sufficiency […]
EU presents proposals for electricity market design reform
The revision to the electricity market design is aimed at switching away from short-term markets, boosting electrification and renewables and protecting consumers
EU households with solar panels combined with heat pumps save up to 84%
Compared to homes reliant on gas heating and without solar panels, households in Germany, Spain, and Italy saved up to EU 3,700 last year
SolarPower Europe report – 2022, year when solar age truly began
Last year the European Union connected 41.4 GW of photovoltaic capacity to the grid, an all-time record 47% increase
EU’s solar power additions in 2022 are equivalent to over 100 LNG tankers
A record 41.4 GW of photovoltaic capacity will be installed in the European Union this year, SolarPower Europe said
Greek renewables price cap creates problems for PPA contracts
The low price cap set by the Greek government for renewables creates an issue for PPA contracts, which must be resolved soon
EU mulls higher renewables target for 2030 to speed up shift from Russian fossil fuels
Last year the European Commission proposed lifting the existing 32% target for renewables in the overall energy mix to 40%, and is now considering raising it to 45%.
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