Between 2013 and 2016, off-grid solar photovoltaic electricity production capacities in Sweden were non-existent. This trend shifted notably in 2017 with an initial capacity of 13 megawatts, steadily increasing through 2023, where it reached 21 megawatts. Year-on-year variation rates from 2018 to 2023 ranged from -5.88% to 30.77%, indicating some fluctuation but generally positive growth. The year 2021 marked an increase of 11.76%, followed by a slower growth rate, with 2023 showing a 5% increase.
From 2024 onwards, future forecast predicts stabilizing growth, where the capacity is expected to maintain at 21 megawatts through to 2025, with a slight increase to 22 megawatts in 2026 onward. The average annual growth rate (CAGR) was 4.32% over the last five years, with a forecasted 5-year growth rate of 4.76% and a CAGR of 0.93% moving forward.
Future trends to watch for include advancements in energy storage solutions, government policy shifts related to renewable energy incentives, and technological improvements in solar photovoltaic efficiency, which may drive further growth in off-grid solar capacity.
