European demand for rooftop solar panels has surged amid the war between Iran and Israel. Consumers are trying to avoid high energy prices and supply disruptions.
Growing demand for solar energy
European companies and households are increasing their investments in rooftop solar panels. The reason for this is concerns about energy supply due to the military conflict between Iran and Israel.
According to the manufacturers, the number of orders for solar panels in April increased by 30% compared to the previous month. The highest demand is observed in Germany, France and Italy.
The impact of the war on the energy market
Escalation of the conflict in the Middle East has led to a spike in oil and gas prices. European consumers are looking for alternatives to reduce their dependence on imported energy.
Analysts note that the renewable energy market has received a strong impetus for development. Experts predict further growth in demand for solar systems in the coming months.
Manufacturers are increasing capacity
European solar panel manufacturers report an increase in production volumes. Some companies are already working at the limit of their capacity to meet the growing demand.
At the same time, there is a shortage of components, which may affect the delivery time of equipment. The industry expects support from governments to stabilise the market.
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