Monaco is making significant strides in photovoltaic energy storage and renewable energy generation:The Monaco photovoltaic park project is set to have a capacity of approximately 30 MW, significantly impacting renewable energy generation in the region1.By the end of 2021, Monaco Energies Renouvelables (M.E.R.) will own 15 photovoltaic power stations, generating 34% of the Principality’s electricity consumption2.A large solar power station has been inaugurated on the roof of the Grimaldi Forum, contributing to Monaco's energy transition3.M.E.R. has also acquired eight photovoltaic parks with a total production capacity of 39 MW, further enhancing its renewable energy portfolio4. [pdf]
The Government is pursuing an active solar development policy in the Principality with subsidies for the installation of photovoltaic and thermal solar panels and a website, launched in June 2017, which allows owners and tenants to identify the solar production capacities of their roof (). [pdf]
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