The forecast for Germany’s solar photovoltaic gross electricity production shows a positive trend from 2024 to 2028. The production is expected to rise from 189.69 thousand terajoules in 2024 to 203.37 thousand terajoules in 2028. Comparing year-on-year, the production is set to increase by approximately 1.83% from 2024 to 2025, by about 1.78% from 2025 to 2026, by around 1.73% from 2026 to 2027, and by about 1.68% from 2027 to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is projected at around 1.76%.
Future trends to watch for:
- Technological advancements in photovoltaic efficiency could further boost production.
- Government policies and subsidies can impact growth positively or negatively.
- Market demand driven by increased awareness and adoption of renewable energy sources.
- Potential challenges from economic fluctuations and global supply chain disruptions.