In 2023, Germany led European Solar Photovoltaic (PV) electricity production with 51.72 thousand gigawatt hours (GWh), followed by Spain (34.27) and Italy (25.6). Notable year-on-year increases were observed in Poland (91.89%), Hungary (59.15%), and Ireland (47.78%). Emerging markets like Ukraine and Estonia saw significant growth at 68.39% and 81.41%, respectively, while established markets like Italy and Germany experienced modest gains of 2.48% and 3.54%. Norway demonstrated outstanding growth at 167.36%, though from a smaller base, indicating a rising trend in adoption.
Future trends to watch in the European Solar PV market include continued expansion in Eastern Europe and the Balkans, driven by advancements in technology and government incentives. Established markets will likely focus on efficiency improvements and grid integration. Watch for increased cross-border collaborations and investments in large-scale solar parks as countries aim to meet climate and energy targets.
Top countries in Solar Photovoltaic Gross Electricity Production 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 | 17,300 | 2023 | +19.98% | +36.05% | 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 |