The solar photovoltaic (PV) production in Germany has seen a steady increase over the past decade. From 2013 to 2023, the production value grew from 31.01 thousand GWh to 51.72 thousand GWh. Notably, the highest year-on-year growth rates were 17.55% in 2013 and 16.27% in 2014. However, the growth rate normalized in recent years, with a more modest increase of 1.94% in 2023. The compound annual growth rate (CAGR) over the past five years stands at 3.54%, indicating sustained but slower growth.

Future projections from 2024 onward suggest a continued, albeit slower, increase in production. By 2028, the forecasted production is expected to reach 56.49 thousand GWh, with a forecasted 5-year CAGR of 1.4% and a cumulative growth rate of 7.21% over the same period.

Future trends to watch for include:

Technological advancements in solar PV efficiency.
Policy changes and incentives for renewable energy.
Integrating solar PV with energy storage solutions.
The overall impact of global economic conditions on renewable energy investments.