Presenting our latest 10-year outlook for solar PV development in Northern Europe, this regional report focuses on the main solar market drivers, opportunities and barriers for large-scale development and distributed installations in the UK, Ireland, Sweden, Denmark, Norway, Finland and the Baltic States.
Are solar panels growing in Europe?
Solar panels have become widespread across Europe over the past decade, and growth is not slowing. Some 56GW of solar PV capacity was installed across the EU 27 in 2023 – a 40% increase on 2022. By comparison, is estimated that solar PV panel systems with an output of around 840 GW were newly installed in Asia in 2023.
Germany has regained its position as the leading country for solar installations in Europe, adding 14.1 GW in 2023. Following Germany, Spain and Italy have also made significant contributions, with 8.2 GW and 4.8 GW installed respectively. Poland and the Netherlands round out the top five with 4.6 GW and 4.1 GW, respectively.
Which European countries have the most solar PV markets in 2024?
Spain SolarPower Europe has unveiled the top 10 solar PV markets for 2024, with Spain maintaining a leading position in Europe. In 2023, Spain installed nearly 9 GW of solar capacity, a 5.8 percent increase from 2022, solidifying its status as the second-largest solar market in Europe after Germany.
Consolidated photovoltaic installations across Europe now reaches about 165 GW, about half of these PV systems are installed in only two countries: Germany and Italy, where the first has an almost triple power compared to our country considering 59.9 GW compared to ours 22 GW.
While established markets dominate the solar sector, emerging players from Central and Eastern Europe, such as Poland and the Czech Republic, have begun to make significant strides, each surpassing the 1 GW mark in recent years. Ranking of EU Countries by Installed Solar PV Capacity (2024).
How has Italy's solar PV market changed in 2024?
Italy Italy's solar PV market has continued its growth trajectory in 2024, with installations in the first half of the year increasing by 44 percent compared to the same period in 2023. Between January and June, 3.3 GW of capacity was added, bringing Italy's cumulative solar fleet to 33.6 GW across more than 1.75 million PV systems.