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EU solar market grows 36% in 2018, Germany leads, Netherlands emerges
According to estimates by SolarPower Europe, about 8GW of grid-connected solar power in the EU will be installed in 2018, a year-on-year increase of 36% compared with 5.9GW in 2017. The installed capacity of solar power generation across Europe is about 11GW, an increase of about 20% year-on-year.
SolarPower Europe CEO Walburga Hemetsberger said: “It is great to see Europe fully embrace solar again. Solar is the most popular energy source among EU citizens, both versatile and the cheapest source of electricity. As costs continue to fall, the long-term upward trend in solar in Europe is just beginning."
Aurélie Beauvais, head of policy at SolarPower Europe, commented: We can expect to see very strong demand for solar energy in Europe over the next two years. One of the main reasons is the upcoming EU 2020 target, with many EU member states opting for low-cost solar energy to meet their obligations. Beauvais added: “By removing trade measures for solar panels, and creating a clean energy package, the EU has established a positive solar institutional framework that sets the stage for significant growth in solar energy. The focus is now on EU member states to implement The right national climate and energy plan to keep this solar boom alive."
The largest solar market in Europe in 2018 was Germany, with 2.96GW of new grid-connected capacity, a 68% increase from the 1.76GW installed in 2017. It was followed by Turkey, which installed 1.64GW in 2018, down 37% from the previous year, as demand fell due to the country's financial crisis. A rising solar star, the Netherlands was named the third-largest solar market in 2018, with the country adding around 1.4GW compared to 0.77GW in 2017 and now entering the GW class for the first time.
Michael Schmela, executive advisor and head of market intelligence at SolarPower Europe, said: “While the EU-28 solar market posted an impressive 36% growth in 2018, a surge in demand from China late last year led to a shortage of high-quality modules in Europe, forcing some The developer delayed the completion of the project until 2019. However, the good news is that 2019 will be a good year for solar power in Europe.”
Source: SolarPower Europe