The off-grid solar photovoltaic electricity production capacity in France has shown significant growth from 2018 onwards. By 2023, the capacity had reached 658.39 Megawatts, marking a notable increase after a stagnant phase until 2017. The year-on-year variation saw sharp growth rates, peaking at 250.83% in 2020. However, this growth has gradually tapered to 27.42% by 2023. Over the past five years, the compound annual growth rate (CAGR) stood at an impressive 81.51%. Forecasts predict the capacity will continue to rise, reaching 1360 Megawatts by 2028, with a projected 5-year CAGR of 11.15%, and an overall growth of 69.67% from 2023.
Future trends to watch for include advancements in solar technology, potential regulatory changes, and shifts in government policies towards renewable energy incentives. These factors could either bolster or temper the growth trajectory witnessed in recent years.
