In 2019, the EU added 16.7GW of solar photovoltaic installations to its portfolio, a 104% increase since 2018. This sharp increase marks the largest increase in solar power generation since 2010.
So far, five member states have contributed the most, including Spain (4.7GW), Germany (4GW), the Netherlands (2.5GW), France (1.1GW) and Poland (784MW).
Although the other 18 member states lag behind in achieving the EU's energy plan, most members are contributing to this progress, including a major achievement in Poland. The country's installed solar power capacity has quadrupled from 203MW in 2018 to 784MW by 2019. Poland plans to double its installed capacity to 1.3GW by 2020. These changes are important for the EU and Poland, as the country is currently the largest coal producer in the union.
Previously, the country had been struggling to achieve the Alliance's renewable energy plan, but in 2019, Poland's solar power generation rose sharply. Although the largest renewable energy source is wind energy, Poland is focusing on expanding the field of solar power. With the launch of many new projects in Poland, Sun Investment Group, a leading solar power plant developer in China and Europe, also agreed. The group has been working with the Polish market for many years, and they have developed a 109MW solar power generation capacity in Poland. With the rapid growth of the solar market, the Group's business is further expanding.
As the price of carbon dioxide certificates rises, the region will soon begin to generate revenue from the difference between the auction price granted to power stations and the market price of electricity, and in a few years the price will become higher than the auction price awarded to photovoltaic power generation. The impact of rising carbon dioxide emission quota prices in Europe will seriously affect Poland's electricity prices, because coal is the most carbon dioxide-intensive energy source, and Poland mainly relies on coal to generate electricity and heat, which is obviously a huge driving force for the development of clean energy. However, for Poland to transition from coal to renewable energy as soon as possible, it still takes considerable time to fully transform its energy infrastructure, which means that photovoltaic power generation will save money for Poland and its citizens and businesses.