The analysis of European Solar Thermal Production in 2023 highlights Spain's dominance with the highest contribution, followed by Germany. Notably, Spain, Italy, and France have shown consistent growth, while Austria and Denmark experienced slight declines. Positively, Poland has made significant strides with an 11.75% increase. Croatia, Hungary, and Slovakia also registered substantial growth. Conversely, Sweden's production has decreased by over 2%. This market's five-year CAGR underscores robust performance for emerging players, notably Poland and Romania.
Future trends to watch include technological advancements, policy impacts on renewable energy expansion, and the role of new entrants in diversifying the market landscape.
Top countries in Solar Thermal Production by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 31,740 | 2023 | +5.63% | +4.3% | View data |
| 2 | 2 Germany | 8,830 | 2023 | +0.3% | -0.11% | View data |
| 3 | 3 Greece | 3,670 | 2023 | +1.93% | +2.65% | View data |
| 4 | 4 Italy | 3,060 | 2023 | +3.18% | +3.77% | View data |
| 5 | 5 France | 2,520 | 2023 | +3.58% | +3.68% | View data |
| 6 | 6 Austria | 2,030 | 2023 | -0.77% | -0.73% | View data |
| 7 | 7 Portugal | 1,320 | 2023 | +3.59% | +3.8% | View data |
| 8 | 8 Poland | 1,150 | 2023 | +7.58% | +11.75% | View data |
| 9 | 9 Cyprus | 918.1 | 2023 | +2.41% | +2.01% | View data |
| 10 | 10 Denmark | 739.03 | 2023 | -5.21% | -0.74% | View data |
