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Record installation rate of solar cells

August 1, 2022
Interest has grown as electricity prices have risen. photo: Creative Commons.
Interest has grown as electricity prices have risen. photo: Creative Commons.
Around 50,000 photovoltaic systems are expected to be installed in Sweden by the end of the year. This is an increase of 75 percent and a doubling of the installation rate compared to the previous year, according to figures from the Swedish Solar Energy Association.

As electricity prices have risen, and are expected to soar this winter, solar energy has become a highly profitable business. This is also reflected in the interest and number of new solar installations this year - already at the beginning of the third quarter of the year, the number of installed installations has exceeded the figures for the full year 2021, writes Dagens Industri, referring to figures from the industry association Svensk Solenergi.

One reason, of course, is the increase in electricity prices, which are also expected to skyrocket this winter.
- We have noticed a big increase in demand this spring compared to the growth of around 20% we have had in recent years. Considering how electricity prices developed during the winter, it was in a way expected, but the increase is greater than we had expected a year ago," Oskar Öhrman, technical manager at Svensk Solenergi, tells DI.

The organisation expects to reach around 50,000 installed solar PV systems by the end of the year, which would represent an overall increase of more than 75 percent.

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