What are the main market drivers for the solar market in Norway?

Gholami said that the main market drivers for the solar market in Norway involved several key factors. First, the surge in electricity prices, particularly evident since the latter half of 2021, has played a pivotal role.

Why are new solar installations gaining popularity in Norway?

Due to the high cost of electricity, there is currently a strong demand for new solar installations. Between January 2023 and early June 2023, Norway added 101 MW of new solar PV capacity, bringing the country's total installed solar PV capacity to 459 MW as of June 2023.

Is Norway a good country for solar energy?

Norway possesses advantageous conditions for harnessing electricity through solar cells. Specifically, the southern and eastern regions of Norway provide an exceptionally favorable environment for efficient solar energy production. Norway has a well-established solar industry.

How will Enova SF improve the adoption of solar in Norway?

Enova SF, a Norwegian state-owned company that operates as a key player in promoting and facilitating the transition towards a sustainable and clean energy sector in Norway, announced a series of modifications to the existing solar subsidy scheme that are expected to further boost the adoption of solar in Norway.

How many MW does a solar system have?

The largest share of the cumulative capacity is represented by residential PV systems below 20 kW in size, which total around 190 MW, followed by solar systems with capacities ranging from 5oo kW to 1 MW, which account for around 100 MW.