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Europe Solar Projects Intelligence Tracker - 2030

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Report Summary Examining the Investment Opportunity & Development Track for Europe Solar Markets till 2030

Europe Solar Projects Intelligence Tracker - 2030

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  • Summary
    The Europe solar installed capacity crossed a mark of  20 GW in first quarter of year 2023.As of May’2023 the total solar installation across Europe around 22.2 GW & is anticipated to reach a capacity of approx. 88 GW* by 2030 Europe countries are growing in solar capacities & will continue to hold a strong influence in the capacity additions as well. Greece commands approximately 48% of the total upcoming Europe solar installations, with an projected capacity above 42 GW. Spain has also shown a significant growth in its solar installations. The upcoming solar capacity of Spain will help the European region fulfill its renewable energy as well as solar energy targets by 2030.  The active participation of Spain in solar energy adoption and installation showcases their commitment to renewable energy growth and sustainability in the region.
    Amidst the upward trajectory of solar energy capacity, several countries are emerging as frontrunners, demonstrating commendable efforts in expanding their contributions to the overall capacity growth by 2030.  The capacity expansions of few markets can be seen below:
    • United Kingdom is set to have a significant number of upcoming solar plants (nearly 128), with a combined capacity of  above 6 GW
    •  Turkey  is expected to have about 50+ upcoming solar plants, with a total capacity of more than 7 GW
    • Spain  is anticipated to have 100+ upcoming solar plants with a total capacity of  14 GW
    • Croatia is expected to have 30+ upcoming solar plants with a total capacity of  approx. 1.7 GW
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