The Swiss Federal Office for Energy reported a significant increase in photovoltaic (PV) installations registered for subsidies in the first quarter of this year. The data shows that photovoltaic installations contracted for financing in the first three months of 2024 reached a record 603 MW, a surge of 81% compared to the same period last year.
The month of March alone saw an influx of installations, with a total of 6,112 systems registered for subsidies through Pronovo, the Swiss government agency. The surge in installed capacity reached 197 MW, indicating a significant increase in PV adoption.
The surge in registrations was mainly attributed to the growth of large systems with capacities greater than 100 kW, while applications for smaller systems less than 100 kW remained relatively stagnant in the first quarter.
In addition, the Swiss Federal Energy Agency notes that there has been a significant increase in photovoltaic systems installed on the exterior walls of buildings. Pronovo received 484 registrations for such installations in the first three months of 2024, with a total capacity of 6.7 MW.
The surge in PV installations highlights Switzerland's commitment to the adoption of renewable energy and marks an important step towards achieving the country's Sustainable Development Goals.