Global Solar Power Breaks Records: Meeting 57% of EU Needs in 2023

2023-06-14 10:01:05

After another record year, global solar power will produce enough electricity to meet 57% of EU needs in 2023.

Solar installations soared 49% globally last year, according to a new report.

The increase to 118 billion watts (gigawatts or GW) of rooftop panels was enough to power an additional 36 million homes worldwide, according to Solar Power Europethe association run by members from the mainland.

Solar power as a whole has increased by 45% to 1.2 trillion watts (terawatts or TW) of power, putting renewables on track to generate 1,612 TWh (TWh) of electricity in 2023. This is equivalent to 57% of the EU total. demand for electricity.

“The world has realized that fossil fuel crises are crises that never really go away”declares Aristotelis Chantavaspresident of Solar Power Europe. _”_More than ever, people around the world are turning to solar. In a year marked by the energy and climate crisis, solar hope continues to shine.”

This is the tenth consecutive year that solar has broken its annual installation record. It took 22 years for the world to achieve a one-terawatt solar park, but the report predicts that these super-performing parks will grow in number by the end of the decade.

What are the major solar countries?

More and more countries are joining the list of mega-producers of solar energy.

In 2022, the number of large solar countries – defined as those installing at least 1 GW per year – increased from 12 to 26. By 2025, the report projects that more than 50 countries will install more than 1 GW of solar per year .

European countries are among the 12 solar heavyweights, led by theSpainl’Germanythe PolandTHE The Netherlands and theItaly.

The solar development of the Poland exceeded expectations. This is mainly due to an increase in small systems “producers/consumers” on rooftops that allow homeowners to be rewarded for energy production and consumption.

Ranked by the amount of additional solar power installed last year, here is the full list of the top 26 solar power ratings:

1. Chine

2. United States

3. Inde

4. Brazil

5. Spain

6. Germany

7. Japan

8. Poland

9. Netherlands

10. Australia

11. South Korea

12. Italy

13. France

14. Taiwan

15. Chili

16. Denmark

17. Türkiye

18. Greece

19. South Africa

20. Austria

21. United Kingdom

22. Mexico

23. Hungary

24. Pakistan

25. Israel

26. Suisse

What is holding back the solar revolution?

Solar is an obvious choice in the energy transition, but not everything is simple. 20 of the 26 major solar countries report grid bottlenecks as a major impediment to their solar development.

Limited grid capacity and lack of flexibility or storage in national power systems pose a critical risk to the global solar transition, according to the report.

“Networks and flexibility are the sleeping giant of the energy transition – and the giant is waking up”declares Michael Schmeladirector of Market Intelligence chez Solar Power Europe.“We are installing massive amounts of solar power, and we need to be able to use it, when we need it. Governments around the world need to make upgrading their electricity and storage infrastructure a political priority.”

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