Forecasting the Solar Photovoltaic Gross Electricity Production in Poland exhibits a robust growth trajectory over the last decade. The actual production value stood at 7,820 Gigawatt-hours in 2023, marking an increase of 32.87% from the previous year. The compound annual growth rate (CAGR) for the last five years is 91.89%, demonstrating a substantial expansion.
From 2013 to 2023, the figures show dynamic year-on-year variations, with extraordinary growth rates like 721.93% in 2015 and a strong CAGR of 271.53% in 2016. Despite some fluctuations, the overall rising trend is undeniable. The forecast for the next five years indicates a steady increase with an expected CAGR of 12.06%, culminating in a total growth of 76.74% by 2028.
Future trends to watch will include advancements in solar technology, government policies promoting renewable energy, and increased investment in infrastructure. These factors are likely to continue driving growth in Poland’s solar electricity production.