Estonia''s Renewable Energy Leap: Milestones of 2024
Estonia''s renewable energy sector reached a significant milestone in 2024 with €244 million in investments from the EBRD, focused on solar and wind power projects. A key
Estonia has seen a significant increase in its solar power capacity in 2022, becoming one of the leaders in solar power per capita among EU members. With growing investments and innovative startups, it now aims to be fully green-powered by 2030.
According to Andres Meesak, CEO of Estonia's PV association, Estonia now has around 107 MW of cumulative installed PV capacity. This represents a significant increase from the 17 MW of cumulative capacity at the end of 2017.
The 90 MW of newly deployed solar in Estonia, according to Meesak, is due to a new policy for solar and renewables introduced by the Estonian government in June. "The Electricity Market Act was passed in parliament on June 6, the real race started after the market regulation was clear," said the solar body CEO.
Regarding solar power per capita, Estonia has emerged as one of the new leaders. The country is ranked 6th among 27 EU members, with 596 Watt per capita in 2022, jumping from 405 in 2021. With accelerated growth in recent years, it has the potential to reach an even higher mark soon.
Estonia energy demand is satisfied through domestic production (70 percent) and imported supplies, mainly natural gas and both gasoline and diesel oil (30 percent). Estonia already fulfilled the target of 25 percent of Renewable Energy Sources (RES) in gross final energy consumption set by the National Renewable Energy Action Plan.
So far, it has been a key objective of Estonian energy policy. Being a Nordic country with less sunlight than in Western and Southern Europe, Estonia has achieved a solid place at the top with its 1,923 sunny hours in the year.

Estonia''s renewable energy sector reached a significant milestone in 2024 with €244 million in investments from the EBRD, focused on solar and wind power projects. A key
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