Germany leads the European solar photovoltaic energy supply with 4.45 million tonnes of oil equivalent (Mtoe) in 2023, followed by Spain (2.9 Mtoe) and Italy (2.2 Mtoe). Poland showcased a significant increase with a 92.09% year-on-year growth, reflecting its strong push towards solar energy adoption. Norway had the highest percentage growth at 167.42%, albeit from a lower base, indicating substantial development in its solar infrastructure. Other notable increases include Ukraine (68.64%), Hungary (59.29%), Estonia (81.41%), and Albania (109.32%). Conversely, Romania experienced a slight decline of -1.29%.
Future trends to watch include continued expansion in Poland and Norway as they build on their recent rapid growth. Ukraine's substantial increase suggests a shift towards renewable energy despite geopolitical instability. Significant investments can be expected in emerging markets like Hungary and Estonia. Attention should also be given to Southern European countries such as Spain and Italy, which have favorable climates for solar energy and are likely to continue expanding their capacity.
Top countries in Solar Photovoltaic Energy Supply by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,450 | 2023 | +1.98% | +3.56% | View data |
| 2 | 2 Spain | 2,900 | 2023 | +20.82% | +33.8% | View data |
| 3 | 3 Italy | 2,200 | 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 |
