For more information: European Photovoltaic Industry Association (EPIA)
Thermal solar energy (solar heating) The solar heating of water offers major potential in the building industry, which represents 40% of the EU's energy consumption and which is increasing rapidly. European market growth has been slow at an annual pace of 12%. Germany is still the leader in terms of market volume, with 47% of the European market. It is followed by Greece (14%), Austria (12%) and Spain (6%) but Cyprus is leading in terms of installed capacity with 431 kWth/1.000 inhabitants. Europe is leading in technology, but represents only 9% of the global market. China alone holds 78% of the world market. However, the market is still underexploited. Active promotion, distribution networks and commercial innovations are required.
For more information: European Solar Thermal Industry - ESTIF
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