What is a solar photovoltaic system?

Solar photovoltaic is a renewable energy technology that utilizes sunlight in order to generate electricity. A photovoltaic system is comprised of one or multiple solar panels, made up of solar photovoltaic cells, and a solar inverter.

What is solar photovoltaics and why is it important?

Solar photovoltaics is one of the most cost-effective technologies for electricity generation and therefore its use is growing across the globe. Global solar photovoltaic capacity has grown from around five gigawatts in 2005 to approximately 1.6 terawatts in 2023. Only in that last year, installations increased by almost 40 percent.

How much solar power does the EU produce?

The production volume of electricity from solar photovoltaic power in the European Union has been steadily increasing in the last years. In 2023, the EU's solar PV power production stood at over 240 terawatt hours.

How many terawatts a year does solar power produce?

In comparison, solar PV generation two years earlier was 158 terawatt hours, which indicates an increase in production of over 50 percent in just two years. In 2023, Germany was the country with the highest electricity generation from solar photovoltaics, amounting to more than 60 terawatt-hours.

Which country generates the most electricity from solar photovoltaics?

In 2023, Germany was the country with the highest electricity generation from solar photovoltaics, amounting to more than 60 terawatt-hours. That is roughly one-fourth of the total generation in the European Union.