2015: A positive year for solar

In 2015, solar grew by 15% in Europe connecting 8 GW of solar power to
the grid. Global grid-connected solar increased by 25% to an estimated 50.1 GW in 2015, from 40.2
th GW in 2014. SolarPower Europe presented its industry figures today at the 11 Solar Market
Workshop.

„2015 was an extremely successful year for solar and after 3 consecutive years of decline in Europe it
is especially encouraging to see the sector grow again“ says Oliver Schafer, President of SolarPower
Europe.

The base for Europe’s solar power demand in 2015 derived from mainly 3 countries – UK, Germany
and France. These top 3 markets counted for 75% of the connections, equal to 5.3 GW. In 2014 their
share was also 75%, but equal to 6 GW. For the second year in a row, the UK took first place with an
estimated 3.7 GW.

With nearly 100 GW of installed capacity, Europe is still the most solarised continent. No other
region can boast solar shares as high as Europe – on average nearly 4% of electricity consumption
and in its most mature markets, such as Germany, Greece and Italy, around 8%.

„The challenge is now to quickly master the transition phase – from European solar markets that grew
on very high premium feed-in tariff incentives, to new market-based frameworks, where prosumers
use solar power for self-consumption in residential, commercial and industrial sectors. We must now
create a smart market design that builds on the strengths of the solar power technology to be able to
profit from the low cost solar has achieved,“ says James Watson, CEO of SolarPower Europe.

On a global level, new solar power capacity increased by 25%, adding 50 GW in 2015. An estimate
228 GW of solar power are now installed in the world, up from 178 GW in 2014. The two biggest
markets are again located in Asia – China and Japan, the US ranked third. China not only added more
than twice as much solar as Europe, it also exceeded 40 GW of total installed capacity, taking over
the No. 1 country place from long-time leader Germany.

SolarPower Europe is unique in comparison to other market analysts because it examines grid-
connected solar rather than product shipments or installations.

Note to editors

SolarPower Europe, the new EPIA (European Photovoltaic Industry Association), is a member-led
association representing organisations active along the whole value chain. Our aim is to shape the
regulatory environment and enhance business opportunities for solar power in Europe.

Source: SolarPower Europe, 3 March 2016
www.solarpowereurope.org

see: European solar market grows 15% in 2015; connecting 8 GW of solar power to the grid