In 2023, Germany's solar photovoltaic energy supply stood at an estimated 4.45 million tonnes of oil equivalent. The forecast from 2024 to 2028 shows a steady growth with expected annual increments, reaching 4.87 million tonnes by 2028. From 2024 to 2025, there's an anticipated growth of approximately 1.76%, followed by an average increase of 1.73% per year, resulting in a compound annual growth rate (CAGR) of around 1.73% from 2024 to 2028. This consistent upward trend highlights a commitment to expanding renewable energy sources.
Future trends to watch include advancements in solar technology, government policy shifts, and potential cost reductions in solar installations. These factors could enhance Germany's solar energy capacity significantly, accelerating the energy transition.
