Three factors for success in the Irish solar market
Recent years have seen an explosion of installed PV capacity across the European Union, fueled by the well-documented rapid reduction in technology costs and favorable subsidy regimes in many jurisdictions. However, one corner of Northern Europe remains relatively untouched by the solar revolution, writes Adam Sharpe of Everoze. The Republic of Ireland currently has the second-lowest amount of installed PV capacity in the European Union, at just 36 MW by the end of 2019.
Despite a development pipeline estimated at 6.9 GW, lack of a route to market means build-out rates for PV continue to be sluggish. Ireland is on course to meet its 2020 target of 40% electricity from renewable sources, and this has mostly been achieved through 4.2 GW of wind capacity. The reduction of electricity demand …
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