Is Luxembourg a good place to invest in solar energy?

Overall, Luxembourg actively promotes photovoltaic installations and has seen significant growth in the sector in recent years. Government support and various incentives are expected to continue to fuel the development of solar energy in the country.

How has teleworking impacted solar energy demand in Luxembourg?

The high number of sunshine hours in spring coupled with an increase in the photovoltaic surface area over recent years have been key factors in reaching a historical peak of solar energy in Luxembourg in March and April 2020. In addition, teleworking during the weeks of lockdown had a positive influence on electricity demand, which declined.

What is agrivoltaics in Luxembourg?

Agrivoltaics is one of the major areas of focus under the plan to promote agricultural production along with solar PV. Photovoltaic installations in Luxembourg are diverse and include rooftop solar, ground-mounted solar plants, floating installations and solar carports.

How many photovoltaic installations are there in Luxembourg in 2023?

In 2023, there was a significant increase in the number of photovoltaic installations in Luxembourg – 40 MW of new photovoltaic capacity was put into operation in 2022. The total installed capacity in the country reached 317 MW.

What is solar resource potential?

Solar PV: Solar resource potential has been divided into seven classes, each representing a range of annual PV output per unit of capacity (kWh/kWp/yr). The bar chart shows the proportion of a country's land area in each of these classes and the global distribution of land area across the classes (for comparison).