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Solar Energy
European solar sector issues yellow card as market data reveals 92 percent growth decline and investment slump
After four years of soaring growth, the EU solar sector has hit its first deployment slowdown of the 2020s, dropping from 53 percent growth in 2023 to 4 percent in 2024. This represents a 92 percent slowdown of solar growth.…
How Did Pakistan Experience a „Solar Boom”?
The rapid expansion of solar energy in Pakistan, driven primarily by market forces and minimal political support, serves as a valuable example for other developing markets. The drop in solar panel prices, coupled with a sharp increase in electricity costs—rising…
A New Guide Reveals the Benefits of Agrisolar for Farmers
To enable additional benefits for agriculture and the energy sector, SolarPower Europe has published a guide on agrisolar, showing through examples how farmers and landowners can benefit from implementing agrisolar projects on their farms. The guide states that agrisolar can…
New Solar Capacity in France Exceeds 3 GW in the First Nine Months
France has taken another step forward in the development of its solar capacity in 2024. By installing approximately 3.32 gigawatts (GW) of new solar systems in the first nine months, the country has further advanced its renewable energy capabilities. According…
EU Imported Solar Panels Worth 19.7 Billion Euros in 2023
As the European Union pursues its energy transition and sustainable energy goals, Eurostat data for 2023 reveals the current state of green technology imports and exports, focusing primarily on solar panels, wind turbines, and biofuels, confirming the growing demand for…
EBRD Supports Croatia’s Largest Solar Power Plant Operated by Hrvatska Elektroprivreda
For the construction and future operation of the “Korlat” solar power plant in Croatia, the European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 31.6 million euros to Hrvatska Elektroprivreda d.d. (HEP). The planned solar…
The World’s Largest Lightweight and Circular Solar Power Plant Opened in Belgium
In the municipality of Genk, Belgium, the world’s largest circular and lightweight solar installation was presented, located on the roof of the SABIC company. This unique solar system generates 2,000 MWh of electricity annually, enough to meet the average annual…