European home solar power generation system

What is Solarpower Europe?

SolarPower Europe is the award-winning link between policymakers and the solar PV value chain. Get to know the SolarPower Europe team working to transform the European energy system. Get to know everything about solar power. Interested in joining SolarPower Europe? Become a member! What is Agrisolar and what benefits does it have for Europe?

Is solar power a competitive source of electricity in the EU?

The cost of solar power decreased by 82% between 2010-2020, making it the most competitive source of electricity in many parts of the EU. The EU solar generation capacity keeps increasing and reached, according to SolarPower Europe, an estimated 259.99 GW in 2023. The EU has long been a front-runner in the roll-out of solar energy.

Why is solar energy so popular in Europe?

Solar energy is cheap, clean and flexible. The cost of solar power decreased by 82% between 2010-2020, making it the most competitive source of electricity in many parts of the EU. The EU solar generation capacity keeps increasing and reached, according to SolarPower Europe, an estimated 259.99 GW in 2023.

What percentage of EU electricity is generated by wind & solar?

For the first time, more than a quarter of EU electricity (27%) was provided by wind and solar in 2023, up from 23% in 2022. This drove renewable electricity to a record high of 44%, passing the 40% mark for the first year in the EU’s history. Combined wind and solar generation increased by a record 90 TWh and installed capacity by 73 GW.

How much solar power is installed in the EU?

About 2.3 GW of concentrated solar power has been installed in the EU since 2013, but most new projects take place outside of the EU. Solar thermal technologies are used mainly to produce domestic hot water in residential buildings and industry through heat collectors.

Is the EU ready for solar energy?

The EU has long been a front-runner in the roll-out of solar energy. Under the European Green Deal and the REPowerEU plan, solar power is a building block of the EU’s transition to cleaner energy. Its accelerated deployment contributes to reducing the EU’s dependence on imported fossil fuels.