The solar photovoltaic electricity production capacity in France for installations between 20 kW and 1000 kW has shown consistent growth from 2013 to 2023, with values increasing from 2.09 thousand MW in 2013 to 5.82 thousand MW in 2023. Year-on-year variations indicate a peak growth of 17.69% in 2021. The Compound Annual Growth Rate (CAGR) has fluctuated but remained strong overall, reaching 12.03% over the recent five-year period ending in 2023.
Outlook for 2024 and beyond suggests continued growth, albeit at a slightly reduced pace, with a five-year forecast CAGR of 5.03% and a cumulative growth rate of 27.8% by 2028. Future trends to watch for include potential regulatory changes, advancements in photovoltaic technology, and increasing adoption driven by sustainability objectives.
