In 2023, France's solar photovoltaic energy supply stood at 20.07 thousand gigawatt hours. The forecasted data from 2024 to 2028 indicates a steady upward trend, starting at 21.54 thousand gigawatt hours in 2024 and reaching 29.03 thousand gigawatt hours by 2028. The year-on-year growth rates are positive, with an average annual compound growth rate (CAGR) over this five-year period notable for its sustained increase. The emphasis on transitioning to renewable energy sources and supporting policies are likely contributors to this growth.
Future trends to watch for include:
- Technological advancements in solar panel efficiency
- Government incentives and regulatory changes
- Developments in energy storage solutions
- Fluctuations in global energy markets that may impact investment
