The European Solar Thermal market shows varied performance across countries. Spain leads with the highest gross available energy, having positively grown by 4.3% in 2023. In contrast, Germany experienced a slight decline, while Poland saw the most significant increase of 11.75%. Other countries like Romania and Finland also showed strong growth. Several countries such as Sweden and Austria faced downturns. Over a more extended period, consistent growth in countries like Hungary, Croatia, and Slovakia highlights a promising trend for the solar thermal market.
Future trends to watch include technological advancements that will likely enhance efficiency, and governmental policies promoting renewable energy adoption. Southern European countries may continue to leverage their favorable climates, while Northern Europe might improve through technological innovation. Increasing energy demands and environmental concerns will further drive solar thermal market growth across Europe.
Top countries in Solar Thermal Gross Available Energy by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 2,730 | 2023 | +5.63% | +4.3% | View data |
| 2 | 2 Germany | 758.22 | 2023 | +0.28% | -0.13% | View data |
| 3 | 3 Greece | 318.6 | 2023 | +2.35% | +2.82% | View data |
| 4 | 4 Italy | 263.03 | 2023 | +3.18% | +3.77% | View data |
| 5 | 5 France | 213.14 | 2023 | +2.6% | +3.31% | View data |
| 6 | 6 Austria | 174.48 | 2023 | -0.77% | -0.73% | View data |
| 7 | 7 Portugal | 113.74 | 2023 | +3.59% | +3.8% | View data |
| 8 | 8 Poland | 99.2 | 2023 | +7.58% | +11.75% | View data |
| 9 | 9 Cyprus | 78.41 | 2023 | +1.74% | +1.71% | View data |
| 10 | 10 Denmark | 63.55 | 2023 | -5.21% | -0.74% | View data |
