The Solar Photovoltaic (20 Kw - 1000 Kw) electricity production capacities in Poland have shown remarkable growth over the past decade. From merely 1.23 MW in 2013, the capacity has increased exponentially to 13,470 MW in 2023. The year-on-year variation in 2023 stood at 31.33%, while the compound annual growth rate (CAGR) over the last five years was 92.42%.
Key trends over the period include:
- Extremely high growth rates in early years with peaks such as 870.99% in 2014 and 496.39% in 2015.
- A significant but steady growth rate during 2020 and 2021, standing at 159.35% and 87.9% respectively.
- A gradual stabilization in growth, with a declining trend observed in year-on-year variations but still robust increases.
Looking ahead, forecasted data suggest a continued increase with a forecasted 5-year CAGR of 11.78% and an overall growth rate of 74.53% by 2028. Future trends to watch for include advancements in solar technology, the adoption of energy storage solutions, and policy changes promoting renewable energy.
