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Solar Power Saves Europeans $135 Million Daily Amid Middle East Crisis
Key Takeaways
- Europe's solar fleet has saved over €11 billion in fossil fuel import costs since March 1, 2026, equivalent to $135 million per day.
- Savings come from displacing natural gas and oil in electricity generation, reducing reliance on volatile fossil fuel markets.
- Spain has doubled its wind and solar capacity since 2019, adding over 40 GW to its energy mix.
- SolarPower Europe calls for scaling up battery storage and electrification to amplify benefits.
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DT Editorial Team··via cleantechnica.com