Europe solar energy statistics

How much solar power does Europe need in 2022?

Brussels, BELGIUM (Monday 19th December 2022): In a seismic shift for the energy landscape, the European Union added a record-breaking 41.4 GW of solar power in 2022. The new capacity is equivalent to the power needs of 12.4 million European homes, and replaces 102 LNG tankers. Annual EU solar power growth has increased by 47% from 28.1 GW in 2021.

How much solar power does the EU produce?

The production volume of electricity from solar photovoltaic power in the European Union has been steadily increasing in the last years. In 2023, the EU's solar PV power production stood at over 240 terawatt hours.

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.

How much solar power does the EU have in 2023?

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. Under the European Green Deal and the REPowerEU plan, solar power is a building block of the EU’s transition to cleaner energy.

Which European country has the most solar power?

The United Kingdom is the European country with the largest offshore capacity, followed by Germany and the Netherlands. The Earth absorbs some 3,850,000 exajoules of solar energy every year, some of which is successfully harnessed through solar panels and converted into heat and electricity.

How much solar power does Europe need?

41.4 GW represents enough capacity to power the equivalent of 12.4 million European homes. It also represents the equivalent of 4.45 bcm of gas, or 102 LNG tankers. Record-breaking numbers. Country-level insights. Political recommendations to get Europe ready for solar.