Key Market Indicators
Norwegian solar energy consumption is projected to reach 0.01 exajoules by 2028, rising from virtually zero exajoules in 2023. This marks an average annual growth rate of 12%. Since 2023, the demand for solar energy in Norway has surged by approximately 25% year over year. In the same year, Norway ranked 26th globally in solar energy consumption, with Belarus overtaking it at a similar consumption level. Meanwhile, Spain, Italy, and France held the second, third, and fourth positions, respectively, in the global ranking for solar energy consumption in 2023.