The 2024 data on European Solar Photovoltaic Production Share by Country shows that Germany, Spain, and Italy continue to lead in solar energy production, with Germany producing 22.65 thousand tonnes of oil equivalent (ktoe). Despite a smaller base, countries like Norway (167.42% YoY), Albania (109.32% YoY), and Estonia (81.41% YoY) have shown significant year-on-year growth percentages. Poland (92.09% YoY), Ukraine (68.64% YoY), and Hungary (59.29% YoY) also reflect considerable advancements. Conversely, Romania experienced a slight decline (-1.29% YoY).
Future trends to watch for:
• Continued leadership from Germany, Spain, and Italy, with growth rates stabilizing.
• Remarkable growth potential in countries with large year-on-year increases like Poland, Ukraine, and the Scandinavian countries.
• Increased investments and policy support in Central and Eastern Europe could further boost their solar energy production.
• Emerging markets in the Balkans and Baltic states to potentially become significant players.
• Advancements in solar technology and efficiency improvements driving overall European growth.
Top countries in Solar Photovoltaic Production Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.65 | 2023 | +1.98% | +3.56% | View data |
| 2 | 2 Spain | 14.78 | 2023 | +20.82% | +33.8% | View data |
| 3 | 3 Italy | 11.28 | 2023 | +1.39% | +2.61% | View data |
| 4 | 4 France | 8.6 | 2023 | +11.03% | +12.45% | View data |
| 5 | 5 Netherlands | 7.57 | 2023 | +20.03% | +36.08% | View data |
| 6 | 6 United Kingdom | 7.21 | 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 |
