Forecast: Solar Photovoltaic Gross Electricity Production in Sweden

Solar photovoltaic gross electricity production in Sweden has shown remarkable growth from 35 GWh in 2013 to 2470 GWh in 2023, demonstrating the country's commitment to renewable energy. The year-on-year variation saw significant peaks, such as a 106.38% increase in 2015 and a steady but lower 23.53% increase in 2023. The Compound Annual Growth Rate (CAGR) over the last five years was 43.41%, indicating robust expansion.

For future trends, between 2024 and 2028, the forecasted data suggest a moderated growth rate with a 5-year CAGR of 10.26% and an estimated production reaching 4790 GWh in 2028. Key trends to watch include technological advancements in photovoltaic efficiency, government policies promoting solar energy, and market dynamics affecting investment and infrastructure.