Latest news with #SolarPowerEurope
Epoch Times
5 days ago
- Business
- Epoch Times
Solar Energy Rollout Across EU Slows as Subsidies Are Cut
Europe A report by SolarPower Europe says that the industry on the continent is set for its first year-on-year slowdown in more than a decade. The European Union's solar energy program is bound for its first annual slowdown in more than a decade, according to industry data released on Thursday. The trend mirrors shifting political priorities across the 27-nation bloc as some countries scale back green measures or find their ability to sustain clean energy projects is stretched due to spending on defense and local industries.
Euractiv
6 days ago
- Business
- Euractiv
Industry spooked as solar power growth slows in Europe
An eight-year run of ever-increasing solar power deployment looks set to stall this year, potentially putting the EU's 2030 climate target at risk, the main European industry body warned on Thursday. SolarPower Europe has forecast 64.2 gigawatts of solar capacity to be added this year – down 1.4% from the 65.1gw installed in 2024 – suggesting the rate of new installations is decelerating. This year's figure is still expected to exceed the levels reached in 2023, which was marked by an exceptional boost in solar panel deployment in response to Europe's energy price crisis. But SolarPower Europe's deputy chief, Dries Acke, said that even if the 2025 growth slowdown may seem small, the "symbolism is big'. 'Market decline, right when solar is meant to be accelerating, deserves EU leaders' attention,' he said, stressing that solar photovoltaic provides low-cost electricity, enhances energy security, and helps fight climate change. This year's slowdown is mainly due to a 'collapse' in the rooftop solar market in key markets like Italy, the Netherlands, Austria, Belgium, Czechia, and Hungary, the lobby group said, pointing to the end of incentive programmes in some of these markets. The rate of rooftop solar panel installation is also sharply down compared to 2023 in Poland, Spain, and Germany. Utility-scale installations are set to keep rising, however, and are expected to account for half of the market for new solar panels this year. According to SolarPower Europe's estimates, the EU should reach 402 gigawatts of solar power capacity by the end of the year. (rh, aw)
Bloomberg
7 days ago
- Business
- Bloomberg
Europe's Solar Power Growth Set to Dip for First Time Since 2016
The European Union's string of record-setting solar power deployment is on track to come to an end this year as demand wanes for rooftop solar panels due to lower wholesale electricity prices. Solar power additions are set to contract 1.4% in the EU, the first annual dip since 2016, according to a report from industry group Solar Power Europe. While new additions are still at historically high levels, it shows the impact on growth of saturated solar power markets where prices regularly dip below zero during the sunniest parts of the year.
Time of India
7 days ago
- Business
- Time of India
EU solar energy rollout declines for first time in decade as subsidies cut
Brussels: The European Union's expansion of solar energy is on track for its first annual downturn in more than a decade, industry data showed on Thursday, as some governments reduce subsidies for rooftop solar panels . The trend reflects shifting political priorities in Europe as some member countries have scaled back green measures or support for clean energy from budgets stretched by spending on defence and local industries. The EU is on track to install 64.2 gigawatts of new solar energy capacity in 2025, a 1.4 per cent decrease compared with the 65.1GW installed last year, industry association SolarPower Europe said. The drop would mark the first time since 2015 that the growth of Europe's solar market has slowed year on year - denting an area of fast progress in Europe's shift to clean energy. Solar capacity growth soared by 51 per cent in 2023, although last year growth had already slowed to 3 per cent . Last month, solar generated 22 per cent of total EU electricity, making it the EU's largest single source of power generation that month. But current deployment rates now indicate the EU will fall short, by about 27GW, of the 750GW of solar capacity which SolarPower Europe said is needed by 2030 for the EU's climate targets and plans to phase out Russian energy. The main cause of the downturn is fewer residential rooftop solar panel installations - a sector that is set to make up 15 per cent of total new capacity this year, halving the roughly 30 per cent share it held over 2020 to 2023.
Reuters
21-05-2025
- Politics
- Reuters
Unexplained components found in Denmark's energy equipment imports, industry group says
COPENHAGEN, May 21 (Reuters) - Unexplained electronic components have been found in imported equipment for Denmark's energy supply network, industry group Green Power Denmark said on Wednesday, adding that an investigation was underway to learn more. The findings coincide with an increased focus internationally on potential security vulnerabilities in critical infrastructure such as energy grids. "It concerns printed circuit boards that were supposed to be part of components for the energy supply," Jorgen Christensen, technical director at Green Power Denmark, told Reuters. "We don't know how critical it is or whether there are bad intentions behind it," he said. The Danish ministry for preparedness and resilience declined to comment on whether an investigation had been started. The justice ministry, energy ministry and the intelligence service did not reply to Reuters' requests for comment. Christensen declined to specify which country the equipment originated from, who was conducting the investigation or to elaborate on the components' capabilities, including whether they were meant for solar power equipment. "This is highly concerning. It is important that an investigation is underway," Walburga Hemetsberger, CEO of solar lobby SolarPower Europe, told Reuters on Wednesday. Christensen said the components were discovered recently during a routine examination of circuit boards that were due to be installed in energy supply equipment. The circuit boards might have been designed for multiple purposes, which could explain the presence of additional components, but Christensen emphasised they should not be included in equipment destined for energy infrastructure. "It's possible the supplier had no malicious intent. We can't say at this point, but that doesn't change the fact that these components shouldn't be there," he said. The findings were first reported by Danish news outlet Berlingske earlier on Wednesday. Reuters last week reported that U.S. energy officials found rogue communication devices in Chinese-made solar inverters and batteries that could potentially bypass firewalls and destabilise power grids.
