Solar panel installations in 2022 reached an all-time high of 1,362 MW, exceeding the previous record capacity of 838 MW tallied in the previous year, preliminary data provided by SEF, the Hellenic Association of Photovoltaic Companies (HELAPCO), has shown.

Last year’s surge in solar panel connections to the grid took the country’s portfolio of installed PVs to 5,488 MW.

The number of solar panel systems that were connected to the grid also rose sharply last year, reaching 341 MW.

Net-metering installations also rose considerably in 2022, reaching a total capacity of 110 MW, approximately triple the capacity amassed in 2021, when the installed net-metering capacity totaled 38 MW, the preliminary SEF figures showed.

The net-metering boost in 2022 was almost exclusively linked to system installations made for commercial purposes.

A forthcoming subsidy program for roof-mounted solar panel installations is expected to lift solar panel installations to a new record figure in 2023.