In 2023, Germany led Europe's solar photovoltaic production with a share of 22.57 terajoules, followed by Spain at 14.96, Italy at 11.24, and France at 8.56 terajoules. Significant year-on-year growth was notable in countries like Poland, Ukraine, and Hungary, demonstrating increased focus and investment in solar energy. Over the past two years, considerable growth was evident from countries such as Estonia (81.41%) and Norway (167.36%) among others. From a five-year perspective, the compound average growth rate indicated an upward trend across the continent in renewable energy production.
Going forward, we anticipate continued growth in solar photovoltaic production in Europe. Emerging trends include increased cross-border collaborations, technological advancements leading to more efficient energy production, and the integration of storage solutions alongside investments in grid infrastructure to support increased production capacity.
Top countries in Solar Photovoltaic Production Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.57 | 2023 | +1.94% | +3.54% | View data |
| 2 | 2 Spain | 14.96 | 2023 | +21.85% | +34.19% | View data |
| 3 | 3 Italy | 11.24 | 2023 | +1.36% | +2.59% | View data |
| 4 | 4 France | 8.56 | 2023 | +10.96% | +12.43% | View data |
| 5 | 5 Netherlands | 7.54 | 2023 | +19.98% | +36.05% | View data |
| 6 | 6 United Kingdom | 7.2 | 2023 | +5.28% | +5.3% | View data |
| 7 | 7 Ukraine | 6.49 | 2023 | +24.64% | +68.39% | View data |
| 8 | 8 Poland | 3.41 | 2023 | +32.87% | +91.89% | View data |
| 9 | 9 Belgium | 2.94 | 2023 | +8.83% | +11.51% | View data |
| 10 | 10 Hungary | 2.8 | 2023 | +25.56% | +59.15% | View data |
