Germany leads in European solar photovoltaic electricity production capacity with 70.59 thousand megawatts, followed by Italy, Netherlands, and France. Analyzing year-on-year variations, Poland (91.0%), Estonia (88.01%), and Ukraine (64.9%) exhibit the highest growth rates from 2023. Hungary (44.77%), Sweden (43.42%), and Ireland (47.78%) also show significant growth. Spain (32.39%) and Portugal (30.89%) maintain consistent upsurges, while Germany (9.35%) and Italy (3.88%) show modest but steady increases.
Germany's leading position suggests a mature market with sustained investments, whereas rapid growth in Poland, Estonia, and Ukraine indicates emerging competitive markets. Future trends to watch include technological advancements, regulatory changes, and significant project deployments. These factors will likely drive further capacity expansion, with a focus on sustainability and energy independence.
Top countries in Solar Photovoltaic Electricity Production Capacities by Country
| # | 10 Countries | Megawatts | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 70,590 | 2023 | +8.59% | +9.35% | View data |
| 2 | 2 Italy | 24,320 | 2023 | +3.67% | +3.88% | View data |
| 3 | 3 Netherlands | 22,410 | 2023 | +19.98% | +37.22% | View data |
| 4 | 4 France | 20,280 | 2023 | +15.54% | +15.96% | View data |
| 5 | 5 Spain | 19,370 | 2023 | +18.09% | +32.39% | View data |
| 6 | 6 United Kingdom | 16,890 | 2023 | +4.99% | +5.26% | View data |
| 7 | 7 Ukraine | 14,640 | 2023 | +27.1% | +64.9% | View data |
| 8 | 8 Poland | 14,280 | 2023 | +31.55% | +91% | View data |
| 9 | 9 Belgium | 6,890 | 2023 | +6.77% | +11.5% | View data |
| 10 | 10 Greece | 5,700 | 2023 | +12.5% | +16.55% | View data |
