The solar energy capacity in Italy has shown a steady increase from 2013 to 2023, with values rising from 18.19 thousand megawatts to 27.07 thousand megawatts. The year-on-year growth rates fluctuated, showing notable increases in 2022 (10.98%) and 2023 (7.91%). The compound annual growth rate (CAGR) over the last five years reached 6.12%.
Forecasts indicate significant growth continuing, with capacities expected to reach 36.73 thousand megawatts by 2028. The predicted CAGR for the next five years is 4.81%, constituting a total growth rate of 26.5% over this period.
Future trends to watch for:
- Advancements in solar technology improving efficiency.
- Government policies and incentives supporting renewable energy.
- Impact of global energy markets and economic factors on solar investments.
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