Germany continues to lead European solar photovoltaic production with a slight year-on-year growth of 3.54%, reaching 186.18 Thousand Terajoules in 2023. Spain follows with a remarkable 34.19% increase, suggesting a strengthening market presence. Italy and France show moderate growth at 2.59% and 12.43%, respectively. The Netherlands has experienced significant growth with a 36.05% increase, indicating robust investment in renewable energy. The United Kingdom sees steady growth at 5.3%, while Ukraine's production surged by 68.39% due to likely infrastructure investments. Poland's exceptional 91.89% growth underscores its accelerating solar capacity expansion.
Other notable increases include Hungary (59.15%), Portugal (26.28%), Sweden (43.41%), and Finland (38.17%), reflecting strong investments in solar energy. Countries like Norway (167.36%) and Estonia (81.41%) demonstrate significant expansion efforts, though from smaller bases. Smaller markets such as Albania (109.42%) and Kosovo (63.73%) show substantial year-on-year growth, albeit from lower production volumes. Modest increases observed in countries like Austria (23.8%) and Belgium (11.51%) further contribute to the overall positive trend in European solar photovoltaic production.
Future trends to watch include continued expansion in Eastern Europe, where countries are ramping up infrastructure investments. The technological advancements and declining costs of solar photovoltaic systems are likely to spur further growth across the continent. Additionally, regulatory support and governmental policies focusing on renewable energy will play a crucial role in shaping the expansion and enhancement of solar power production throughout Europe.
Top countries in Solar Photovoltaic Production by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 186,180 | 2023 | +1.94% | +3.54% | View data |
| 2 | 2 Spain | 123,380 | 2023 | +21.85% | +34.19% | View data |
| 3 | 3 Italy | 92,700 | 2023 | +1.36% | +2.59% | View data |
| 4 | 4 France | 70,640 | 2023 | +10.96% | +12.43% | View data |
| 5 | 5 Netherlands | 62,210 | 2023 | +19.98% | +36.05% | View data |
| 6 | 6 United Kingdom | 59,350 | 2023 | +5.28% | +5.3% | View data |
| 7 | 7 Ukraine | 53,560 | 2023 | +24.64% | +68.39% | View data |
| 8 | 8 Poland | 28,150 | 2023 | +32.87% | +91.89% | View data |
| 9 | 9 Belgium | 24,230 | 2023 | +8.83% | +11.51% | View data |
| 10 | 10 Hungary | 23,120 | 2023 | +25.56% | +59.15% | View data |
