Could Solar Be Europe’s Top Power Source In 5 Years?

Zero Hedge | Sep 30, 2020 at 2:00 AM
  • Solar power could be Europe’s biggest energy source in terms of installed capacity by 2025 if the European Union (EU) stays on track for its net-zero targets, the head of the International Energy Agency (IEA) said on SolarPower Europe’s Solar Power Summit on Tuesday.
  • Spain was Europe’s largest solar market in 2019 in terms of capacity additions with 4.7 GW, followed by Germany with 4 GW, the Netherlands with 2.5 GW, France with 1.1 GW, and Poland.
  • After the pandemic hit energy markets this year, SolarPower Europe, alongside other industry organizations representing renewable energy, are calling for renewable energy to become the pillar of the economic recovery in Europe, especially in light of the EU’s goal to become carbon neutral by 2050.