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Access to Finance Key to Raising EU’s Per Capita Solar Generation

EU’s solar generation doubled to 19.3 TW during the 2017-22 period

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Rooftop solar photovoltaics (PV) can help Europe generate 680 TW of electricity annually – which is a quarter of the current consumption in the European Union (EU) — if the administration strengthens the financing policies like the asset-backed securities that helped the U.S. solar PV sector with $8.6 billion financing in 2022.

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