2024 has been a significant year for Solar Explain. Here’s a closer look at the achievements that have contributed to our success.
1. Revenue Growth
In 2024, we achieved an impressive 2.4x revenue growth compared to the previous year. This increase reflects not only a surge in client demand but also our focus on delivering value and quality. This growth aligns with the broader expansion of the solar and Battery Energy Storage Systems (BESS) industries in the USA and Europe.
In the United States, solar installations reached a record-breaking 38.4 GW in 2024, marking a significant increase from the previous year due to favorable policies, technological advancements, and a growing commitment to renewable energy (Deloitte, 2024). The U.S. battery storage market is expected to continue growing rapidly, with projections indicating a capacity of approximately 30 gigawatts (GW) by the end of 2025 (U.S. Energy Information Administration, 2024).
Similarly, Europe experienced substantial growth in solar capacity. The European Union added 65.5 GW of solar power in 2024, a 4% increase from the previous year (pv magazine, 2024). The BESS market is projected to maintain strong growth, reaching 260 GWh by 2028 (SolarPower Europe, 2024).
2. Solar Stars EU 2024: Celebrating the Best Companies
The Solar Stars EU 2024 Conference & Awards, hosted on November 12, 2024, was a landmark event for the Solar PV and BESS sectors. This year’s event brought together leading industry professionals to collaborate, share knowledge, and honor the exceptional achievements shaping the future of clean energy. We celebrated winners across 7 categories with the help of Innovation Agency Lithuania, Lithuanian Energy Agency, Green Municipalities, and through audience voting. Learn more about the event here and discover the top 5 companies.
3. Connecting Professionals Across Borders
We demonstrated our global impact by bringing together solar energy professionals from 23 countries. By connecting experts and stakeholders worldwide, we are fostering discussions that shape the future of solar energy and storage solutions. Our client base in 2024 spans across diverse regions, including Lithuania, Ireland, the United Kingdom, Israel, Germany, Latvia, Poland, the United States, Estonia, Norway, Switzerland, Greece, the Netherlands, Hungary, Belgium, Italy, Austria, Spain, Slovakia, Croatia, Romania, Albania, and Thailand.
4. Leading Professional Growth
We have supported the professional growth of the industry by collaborating with 61 unique clients. Through tailored training, consultations, and strategic partnerships, we’ve helped organizations and individuals navigate an increasingly competitive market. Join our newest online training courses and grow together with us:
BESS for C&I PV Project Managers | January 16 | 12:00 – 17:00 CET
Solar O&M Excellence: A Roadmap to Success | January 24 | 12:00 – 17:00 CET
Advanced Building-Integrated Photovoltaics | February 5 | 12:00 – 17:00 CET
Boosting B2B Sales in the PV Industry | date TBC | 13:00 – 18:00 CET
5. Expertise
We onboarded 15 expert lecturers from Europe to help deliver high-quality courses and events. Their contributions played a key role in the launch of 4 training courses, free webinars, and an international conference, offering valuable learning opportunities for industry professionals. This commitment to education reflects our ongoing efforts to support knowledge sharing in the industry.
Meet our in-house team and expert lecturers here: https://solarexplain.eu/team/
6. Growing Social Influence
We expanded our digital presence, building a thriving LinkedIn community with over 2,000 followers and reaching 47,000+ accounts. Our wide-reaching audience and the opportunity to engage with a diverse group of professionals. We also offer collaboration and sponsorship opportunities, providing great visibility for those looking to connect with industry leaders and expand their reach. If you wish to collaborate with us, please contact info@solarexplain.eu.
Looking Ahead
Our achievements in 2024 reflect our ongoing dedication to innovation, education, and collaboration within the solar and BESS industries. We sincerely thank all our clients, collaborators, and industry peers for your continued support. Together, we are contributing to a more sustainable future.
Stay connected with us for more updates and insights into the world of renewable energy.
