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Bulgaria and Romania set to be EU solar hotspots

18 December 2020

Industry body Solarpower Europe has predicted Bulgaria and Romania will emerge from the “rest of the EU” pack to each claim 3% of the region’s solar market in 2024, according to PV Magazine. Each of the nations, like Greece, will have gigawatt-plus solar additions in 2024, according to Solarpower Europe, enough to carve out a 3% slice of an anticipated 35 GW regional market.

France and Portugal are also expected to be winners by 2024, with the 5% of the market accounted for by France’s 900 MW of new solar this year set to double to 10% – 3.51 GW – in four years’ time. With Portugal’s 500 MW of new solar this year having more than doubled the 200 MW added in 2019, the Iberian nation claimed 3% of the European market and that figure is expected to more than double by 2024, when Portugal will add 2.46 GW for 7% of the pie. Italy is also expected to gain ground, with the 4% market share accounted for by its 800 MW this year set to climb to 6%, and 2.1 GW, in 2024.

The study reveals Europe recorded its second best year for solar in 2020 despite a Covid-ravaged 12 months, with member states adding 18.2 GW of new generation capacity, a rise of 11% on the 16.2 GW added last year. That is second growth only to the 21.4 GW added in 2011, said the trade body.

Autor: Energynomics

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