In 2023, Germany led the European solar photovoltaic energy supply, contributing significantly with a moderate year-on-year growth of 3.56%. Spain and the Netherlands demonstrated robust expansions, with increases of 33.8% and 36.08%, respectively, indicating substantial investment and policy support. Ukraine notably expanded its share by 68.64%, while Poland achieved a remarkable 92.09% growth. Conversely, Romania's supply slightly contracted by 1.29%, revealing some hurdles. Lithuania, Finland, and Norway showed promising growth potentials with increases of 27.52%, 38.17%, and 167.42%, respectively, reflecting the strong upward trend across smaller markets.
Looking forward, European countries aim to bolster their solar capacities through favorable policy frameworks and investments to meet renewable targets and energy security. The growth in Eastern Europe, particularly in Poland and Ukraine, suggests a more balanced regional contribution. Investment in grid infrastructure and energy storage will be vital as countries scale operations. Diversification and technological advancements, such as bifacial modules and floating solar farms, are crucial trends to watch for sustaining momentum in the solar photovoltaic sector across Europe.
Top countries in Solar Photovoltaic Energy Supply Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.66 | 2023 | +1.98% | +3.56% | View data |
| 2 | 2 Spain | 14.79 | 2023 | +20.82% | +33.8% | View data |
| 3 | 3 Italy | 11.21 | 2023 | +1.39% | +2.61% | View data |
| 4 | 4 France | 8.6 | 2023 | +11.03% | +12.45% | View data |
| 5 | 5 Netherlands | 7.58 | 2023 | +20.03% | +36.08% | View data |
| 6 | 6 United Kingdom | 7.22 | 2023 | +5.28% | +5.3% | View data |
| 7 | 7 Ukraine | 6.56 | 2023 | +24.93% | +68.64% | View data |
| 8 | 8 Poland | 3.44 | 2023 | +33.16% | +92.09% | View data |
| 9 | 9 Belgium | 2.86 | 2023 | +6.96% | +10.84% | View data |
| 10 | 10 Hungary | 2.82 | 2023 | +25.82% | +59.29% | View data |