Solar photovoltaic gross electricity production in Germany has shown a general upward trend from 2013 to 2023, increasing from 2.67 to 4.45 million tonnes of oil equivalent. Notably, the year-on-year variation has fluctuated, with exceptional growth peaks like in 2014 (16.27%) and 2020 (11.52%), whereas some years saw minimal changes, such as 2015 (7.41%) and 2023 (1.94%). The compound annual growth rate (CAGR) for the last five years up to 2023 stands at 3.54%. Looking forward, forecasts indicate a slower growth trajectory, with a projected CAGR of 1.4% from 2024 to 2028 and an overall growth rate of 7.21% over this period.
Future trends to watch for include technological advancements in solar PV efficiency, government policy shifts, and potential increases in renewable energy investments. These factors could influence the actual outcomes relative to current forecasts.