Over the period from 2013 to 2023, solar photovoltaic production in France exhibited significant growth, with the value standing at 1690.0 Thousand Tonnes Of Oil Equivalent (TOE) in 2023. The year-on-year variation for 2023 was 11.03%, demonstrating strong upward momentum, though slightly tempered compared to previous years. The Compound Annual Growth Rate (CAGR) over the last five years was 12.45%, reflecting sustained growth in the sector.
Future trends to watch for include increasing technological advancements in photovoltaic efficiency, government policies favoring renewable energy, and rising demand for sustainable energy solutions. Given the forecasted 5-year CAGR of 6.27% and an overall forecasted 35.54% growth rate by 2028, these factors are expected to further propel the solar photovoltaic market in France.
