In 2023, the European solar photovoltaic market exhibited notable disparities. Germany led with 51.72 TWh, followed by Spain (34.27 TWh) and Italy (25.6 TWh). Poland demonstrated exceptional growth with a 91.89% increase, while Ukraine saw 68.39% growth. Notable expansions were also observed in Estonia (81.41%), Norway (167.36%), and Albania (109.42%). Conversely, Germany, Italy, and France grew modestly, under 15%. Across five years, Eastern Europe, including Poland and Hungary, showed significant compound annual growth rates (CAGR).
Future trends to monitor include increasing installation capacity, government policy shifts supporting renewable energy adoption, and technological advancements enhancing solar efficiency across Europe, particularly in emerging markets.
Top countries in Solar Photovoltaic Energy Supply by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 51,720 | 2023 | +1.94% | +3.54% | View data |
| 2 | 2 Spain | 34,270 | 2023 | +21.85% | +34.19% | View data |
| 3 | 3 Italy | 25,600 | 2023 | +1.1% | +2.48% | View data |
| 4 | 4 France | 19,620 | 2023 | +10.96% | +12.43% | View data |
| 5 | 5 Netherlands | 17,280 | 2023 | +20.03% | +36.08% | View data |
| 6 | 6 United Kingdom | 16,490 | 2023 | +5.28% | +5.3% | View data |
| 7 | 7 Ukraine | 14,880 | 2023 | +24.65% | +68.39% | View data |
| 8 | 8 Poland | 7,820 | 2023 | +32.87% | +91.89% | View data |
| 9 | 9 Belgium | 6,730 | 2023 | +8.83% | +11.51% | View data |
| 10 | 10 Hungary | 6,420 | 2023 | +25.56% | +59.15% | View data |