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Investing.com -- The European Union’s solar energy expansion is heading for its first annual decline in more than a decade, according to industry data released Thursday.
The EU is projected to install 64.2 gigawatts of new solar energy capacity in 2025, representing a 1.4% decrease compared to the 65.1 gigawatts installed in 2024, industry association SolarPower Europe reported.
This expected drop would mark the first time since 2015 that Europe’s solar market growth has slowed year on year, creating a setback in the region’s transition to clean energy. The decline comes after solar capacity growth surged by 51% in 2023, though growth had already decelerated to 3% last year.
The slowdown coincides with some EU governments reducing subsidies for rooftop solar panels.
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