Italy currently has 140GW of solar PV projects in its grid connection queue. Image: Juwi In 2023, Italy installed over 5GW of new solar PV generation capacity, by some distance the most since 2011.
In 2022, the oil and gas energy company Sorgenia S.p.A. was the leading operator of photovoltaic solar energy in Italy. Its revenues amounted to roughly 6.3 billion euros in 2022. Siemens S.p.A. followed in the ranking, as its earnings reached 1.4 billion euros. Get notified via email when this statistic is updated.
Spillati said that around 140GW of solar PV projects are currently in the grid connection queue in Italy and that the total queue for all renewables is in excess of 300GW. This, he said, comes down to permitting: “There is no barrier to entry” for projects to get accepted for a connection point, as he claims it currently costs only around €3000.
FMI forecasts that the market revenue could skyrocket, surpassing an incredible US$ 360.8 billion by 2033. Between 2023 and 2023, the market is likely to exhibit a CAGR of 8.2%. Solar PV modules and cells have emerged as the dominant force in the renewable energy market lately.
Solar energy is radiant light and heat from the sun that is harnessed using a range of technologies such as solar PV or concentrated solar power (CSP) to generate electricity, solar thermal energy, and solar architecture. The Italian solar energy market is segmented by type, end-user, and deployment.
A total of 18 Chinese companies were selected in the top 20 list, with a total output of more than 440GW in 2023, gradually taking over the global PV module market with their unique advantages. LONGi, the king of the PV industry, will supply 66.44GW of modules in 2023, up 42% year on year.