According to a new report from the industry group SolarPower Europe, solar power in Europe soared by almost 50 percent in 2022
The report revealed that the EU installed a record-breaking 41.4 GW of solar in 2022. That is enough to power the equivalent of 12.4 million homes and is a 47 percent increase from the 28.1 GW installed in 2021.
Germany remains the EU country installing the most solar annually (7.9 GW added in 2022), followed by Spain (7.5 GW), Poland (4.9 GW), the Netherlands (4.0 GW), and France (2.7 GW).
Advantages of solar energy include:
- Reduced electric bill.
- Insurance against rising energy costs.
- Cheaper power source.
- Return on investment.
- Environmentally friendly.
- Energy independence.
In just one year, the bloc’s capacity to generate power from this highly efficient and renewable source has increased by 25 percent.
Walburga Hemetsberger, CEO of SolarPower Europ, said: “The numbers are clear. Solar is offering a lifeline amid energy and climate crises. No other energy source is growing as quickly or reliably as solar.”
The growth of solar shows no signs of slowing down. The International Energy Agency says the EU will need to install around 60 GW of solar power in 2023 just to compensate for shortfalls in Russian gas.
With rapid and targeted support, SolarPower Europe believes that Europe could easily fill this gap.
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