Positive outlook for some European solar thermal market segments, despite disappointing overall results in 2014


In 2014, although the European solar thermal market experienced an overall decrease of around 7% in newly installed capacity, at the end of the year the total installed capacity increased by 5.3%. While this is the third consecutive year of decline for market leader Germany, some markets are bucking the trend.

The European solar heating and cooling sector is still feeling the impact of the economic crisis with lower sales in some of its largest markets. There are several main contributing factors to this sluggish performance, such as low gas prices, difficulty in accessing finance for consumers, stagnating construction sector, fewer public support schemes for solar thermal and competition from other energy sources with more attractive market incentives.

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