How Europe is paying for its solar boom – DW – 02/20/2025
The EU has doubled its solar capacity in the last three years. How have subsidies made this possible, what support is still available, and what still needs to happen?
In 2024, 46.9% of the electricity generated in the EU came from renewables and 22% of renewable electricity came from solar energy (Eurostat, March 2025). June 2025 was the first month in history where solar energy was the main source of electricity generated in the EU at 22%. Source: SolarPower Europe
Solar is the fastest growing energy source in the EU and is cheap, clean and flexible. The cost of solar power decreased by 82% between 2010-2020, making it the most competitive source of electricity in many parts of the EU.
Sign up here. The EU is on track to install 64.2 gigawatts of new solar energy capacity in 2025, a 1.4% fall from the 65.1GW installed last year, industry association SolarPower Europe said. "There's a kind of paralysis.
Solar energy, the fastest-growing energy source in the EU, saw an 82% cost reduction between 2010 and 2020. Solar capacity expanded from 164.19 GW in 2021 to an estimated 259.99 GW by 2023.
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