The European Solar Photovoltaic (20 Kw - 1000 Kw) electricity production capacities show significant variation by country. As of 2024, Poland leads with 13.47 thousand megawatts, followed closely by Italy at 13.13 thousand megawatts. France, Spain, and Greece make up the next tier with values of 5.82, 4.01, and 3.73 thousand megawatts respectively. Germany, despite its historical leadership in solar energy, has seen a significant decline to 2.63 thousand megawatts.
Year-over-year analysis from 2023 reveals substantial growth in Poland (92.42%) and Estonia (98.39%), indicative of rapid investment and expansion in these countries. Hungary (42.73%), Sweden (38.21%), and Bosnia and Herzegovina (31.8%) also demonstrated strong growth, whereas Germany experienced a sharp decline of 34.59%.
When examining future trends, we can expect continued growth in Poland, Italy, and France, driven by ongoing investments and supportive policies. Smaller countries showing substantial percentage increases, such as Estonia and Bosnia and Herzegovina, may continue their upward trajectory. Monitoring policy changes, technology advancements, and investment levels will be crucial in understanding the European Solar Photovoltaic market's future landscape. Germany's decline warrants close attention as it may signal broader industry shifts or emerging challenges.
Top countries in Solar Photovoltaic (20 Kw - 1000 Kw) Electricity Production Capacities by Country
| # | 10 Countries | Megawatts | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 13,470 | 2023 | +31.33% | +92.42% | View data |
| 2 | 2 Italy | 13,130 | 2023 | +1.82% | +2.41% | View data |
| 3 | 3 France | 5,820 | 2023 | +8.4% | +12.03% | View data |
| 4 | 4 Spain | 4,010 | 2023 | +2.49% | +3.01% | View data |
| 5 | 5 Greece | 3,730 | 2023 | +15.47% | +20.16% | View data |
| 6 | 6 Germany | 2,630 | 2023 | 0% | -34.59% | View data |
| 7 | 7 Hungary | 2,390 | 2023 | +19.53% | +42.73% | View data |
| 8 | 8 Belgium | 1,970 | 2023 | +6.68% | +11.28% | View data |
| 9 | 9 United Kingdom | 1,250 | 2023 | +4.47% | +4.92% | View data |
| 10 | 10 Sweden | 1,030 | 2023 | +21.08% | +38.21% | View data |
