Germany remains the highest producer of solar photovoltaic electricity in Europe, with a substantial gross electricity production of 4.45 MTOE as of 2024, exhibiting a modest year-on-year increase of 3.54% in 2023. Spain and Italy follow, both showing significant efforts in boosting production with increases of 33.8% and 2.61% respectively. The Netherlands has seen a striking rise, with a 36.08% year-on-year increase, positioning it strongly within the top five producers. Ukraine, despite geopolitical challenges, has experienced a dramatic 68.64% year-on-year increase, highlighting its rapid development in solar energy.
In Eastern Europe, Poland leads with a staggering 92.09% year-on-year growth, showcasing remarkable commitment to increasing its solar capacity. Other notable increases include Hungary (59.29%), Bulgaria (2.07%), and Cyprus (32.39%), indicating diverse regional growth. Nordic countries such as Sweden and Finland also show substantial year-on-year increases in solar energy production by 43.41% and 38.17% respectively.
Interestingly, smaller markets like Estonia and Norway have seen exponential growth rates of 81.41% and 167.42% respectively. This surge asserts their emerging influence in the regional solar energy landscape. Additionally, Malta, Lithuania, and Croatia posted noteworthy increases around 27%, emphasizing their progressive engagement in solar energy.
Going forward, Europe’s solar photovoltaic landscape is expected to be shaped by technological advancements, improved grid infrastructure, and supportive government policies. Trends to watch include the scaling of solar installations in both established and emerging markets, enhanced battery storage solutions, and the potential impacts of EU-wide green energy initiatives. Collaboration between countries and investment in cross-border projects are also likely to drive further substantial growth across the continent.
Top countries in Solar Photovoltaic Gross Electricity Production by Country
# | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 4,450 | 2023 | +1.94% | +3.54% | View data |
2 | 2 Spain | 2,900 | 2023 | +20.82% | +33.8% | View data |
3 | 3 Italy | 2,220 | 2023 | +1.39% | +2.61% | View data |
4 | 4 France | 1,690 | 2023 | +11.03% | +12.45% | View data |
5 | 5 Netherlands | 1,490 | 2023 | +20.03% | +36.08% | View data |
6 | 6 United Kingdom | 1,420 | 2023 | +5.28% | +5.3% | View data |
7 | 7 Ukraine | 1,290 | 2023 | +24.93% | +68.64% | View data |
8 | 8 Poland | 675.66 | 2023 | +33.16% | +92.09% | View data |
9 | 9 Belgium | 561.56 | 2023 | +6.96% | +10.84% | View data |
10 | 10 Hungary | 554.6 | 2023 | +25.82% | +59.29% | View data |