/ZAGREB, December 7, 2022, 9:30 GMT, RENEWABLE MARKET WATCHTM/ The Western Balkans are the newfound hotspot for solar PV energy investments amongst European countries. Between 2011 and 2021, the Western Balkans increased their solar capacity more than 8-fold (from 0.27GW in 2011). They became one of the fastest-growing regions in Europe, with a cumulative installed solar PV capacity of 2.19GW for 2021 (a 22.5 % increase from 2020). The maturing German, Spanish and Italian markets allowed investors to look for new opportunities in the Western Balkans region. 

The massive solar potential of the Balkans is ready to be unlocked. With nearly 2 GW of installed PV capacity and over 26 GW of realistic market potential, stellar growth is forecasted for the region in the near future. The Solarplaza Summit Balkans - hosted in Zagreb, Croatia - will unite, connect and inspire regional and international PV professionals to help accelerate the sustainable energy transition in the Balkans. 


7 – 8 December 2022, The Westin Zagreb Hotel, Zagreb, Croatia

If you are active in renewable energy, this is the event to be in! 

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As (prospective) EU membership urges some Balkan nations to ease rules and regulations, the countries are increasingly incentivizing PV development and facilitating auctions and subsidy schemes. This is the perfect moment to kickstart the conversation on how to enable and accelerate PV growth in the Balkans. 

Still, the region is not without its challenges either. To improve investor confidence, it will be crucial to ensure the bankability of PV plants in the region. Other project development-related bottlenecks will also have to be addressed, such as permitting processes and grid connection challenges. Moreover, the viability of project applications and site selection needs to be considered from both the developer’s and offtaker’s perspectives. Apart from ground-mounted plants, solar can - for example - be co-located with other power sources (hydro & wind), or deployed on (former) agricultural land and industrial rooftops. 

Find and offer solutions to these challenges at the Solarplaza Summit Balkans on December 8th in Zagreb, Croatia. This conference will bring together the regional and international thought leaders that are shaping the solar future as we speak. At this unique meeting of developers, investors, utilities, policymakers, asset owners, and manufacturers, the key opportunities to capitalize on the market potential will be discussed, while new business links will be forged during the facilitated networking breaks.

Solarplaza Summit Balkans
8 December - The Westin, Zagreb
Tickets: Local - €495 (Early Bird €395) / International - €695 (Early bird €595) Press contact:
More info:

As a media partner of this key event for the Western Balkans energy industry, Renewable Market Watch™ confirm the leading position of an analytical research company working heavily to support the faster clean energy transition in Europe and provide relevant and on-time information to its customers.

About Renewable Market Watch™

Renewable Market Watch™ is a media partner of the Unlocking the Full Potential of Solar PV in the Balkans: High-level Summit to Highlight the Many Renewable Opportunities in the Region and delivers strategic insight into emerging renewable energy markets through its experienced research team and cutting-edge predictive analytics data platform. Besides publishing the reports Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2022÷2031 and Western Balkans Wind Power Market Outlook 2022÷2031, we partner with our customers to provide research, data and consulting reports in areas appropriate to their specific requirements. Our primary focus is emerging renewable energy markets in Asia Countries, Balkan countries, Central and Eastern Europe, CIS states (the former Soviet Union), LATAM countries, and MENA countries. For more information about Renewable Market Watch™, please visit:

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