Leading the Way – Countries Driving Market Growth
Lebanon experienced a phenomenal 145% growth last year, driven by people switching to solar water heaters to save money as electricity and fuel prices rose and their currency depreciated. Europe, Italy, Greece, and Poland recorded positive market developments for the second year.
Large-scale Solar Thermal Plants on the Rise
Demand for large-scale solar thermal plants predicted to grow in 2023, adding to the 571 plants (2.2 GWth capacity) operating today.
Decarbonizing the heat sector in neighborhoods and cities
325 solar district heating systems generate 1.8 GWth at costs between 20-50 €/MWh
Large and Small Solar Hot Water Systems Continue to Dominate the Market
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