The gross electricity production from solar photovoltaic sources in France has experienced robust growth from 2013 to the present year, 2024. In 2023, production stood at 19.62 thousand gigawatt hours. Over the last two years, the year-on-year growth rates have been 12.41% and 10.96% for 2022 and 2023, respectively. The compound annual growth rate (CAGR) for the past five years (2019-2023) has been 12.43%, indicating strong consistent growth in this sector.
From 2024 onwards, production is expected to continue increasing, although at a slightly moderated pace. The forecasted 5-year CAGR is 6.15%, with a total expected growth rate of 34.74% by 2028, reaching 29.03 thousand gigawatt hours. This sustained growth highlights the ongoing expansion and adoption of solar photovoltaic technology in France's energy landscape.
Future trends to watch for include advancements in solar technology efficiency, decreases in production costs, and supportive government policies and incentives. Additionally, the integration of solar power with storage solutions and the expansion of smart grid technologies could further enhance the adoption and sustainability of solar energy in France.