Yearly EU solar PV deployment reaches brand-new high of 25.9 GW.

• The European Union's (EU) solar PV market has actually navigated a year besieged by supply chain disruptions and module prices hikes to post record levels of yearly deployment, according to research from SolarPower Europe (SPE).

Around 25.9 GW of solar PV was included by the bloc's 27 member states in 2021, a 34% boost on last year's figure, the trade association stated in its most current EU Market Outlook for Solar Power report, published today.

While the capacity enhancement is 16% greater than SPE's projection in last year's report, it is 5% lower than forecasts consisted of in its Global Market Outlook, launched in July, when it was less clear exactly how supply shortage-related project hold-ups would certainly influence deployment.

Taking the EU's total solar fleet up to 164.9 GW, the latest numbers come 10 years after the previous record of 21.4 GW of solar additions was embeded in 2011, which noted the start of a years-long depression as the market transitioned from feed-in tolls to brand-new motivations and also market versions.

In 2021, the leading 5 nations for solar deployment stayed the like last year as Germany topped the ranking by adding 5.3 GW, up on 4.9 GW installed in 2020. SPE said the country has actually been experiencing a second boost because 2018, many thanks partially to eye-catching feed-in premiums for tool- to large business systems and an attempted and checked governing scheme.

Spain added 3.8 GW, with the substantial majority of projects realised from power acquisition agreement-based systems out of a "massive pipe under development" in the nation, according to SPE. "This makes the Southerly European country possibly the world's largest market for subsidy-free solar, however it additionally demonstrates that grid constraints can be a major worry for quick deployment of large solar volumes," the report claimed.

The 3rd place is taken by the Netherlands, which added 3.2 GW, with the commercial roof sector claimed to be the major motorist of growth. Installs could have been also higher, SPE said, but the sector is encountering challenges in terms of safeguarding land as well as grid links.

Poland continued its higher trajectory, adding 3.1 GW, while France remained in 5th location, releasing a record 2.5 GW.

Leading 5 EU markets for solar deployment in 2021

Comprising the leading ten EU markets for 2021 solar deployment are Greece (which included 1.6 GW), Denmark (1.2 GW), Italy (800MW), Hungary (700MW) and also Sweden (700MW).

The report explains Denmark as the EU's "most current solar shooting star", with gigawatt-scale accomplished virtually solely via utility-scale PV projects developed without subsidies for supplying power to business buyers.

This year's record is taken into consideration just an additional turning point in the direction of a lot greater annual installment levels in the coming years, SPE stated, with annual EU deployment set to pass the 30GW threshold following year before reaching virtually 50GW in 2025.

According to the trade association's estimates, all EU member states are on track to reach the solar targets consisted of in their National Energy Climate Plans (NECPs) by 2030 or earlier. While it claimed this reflects solar's "remarkable efficiency when it pertains to cost competitiveness as well as technical versatility", it shows that deployment ambitions need to be elevated.

Estonia as well as Latvia are stated to have already reached their 2030 deployment goals already, while Poland, Ireland and also Sweden are anticipated to do so in 2022.

SPE forecasts that the EU's complete solar fleet will certainly increase from 165GW mounted today to 672GW in 2030.

While the European Commission previously this year updated its Renewable Energy Directive to target 40% renewables in the bloc's energy mix by 2030, SPE is requiring at least 45%, which it thinks will certainly put the continent on course to supply on the 1.5 ° Paris Arrangement scenario.

To reach that turning point, it would certainly be necessary to have 870GW of solar installed by 2030, which is 29%, or 198GW, more than the association's most-likely scenario projections.