Module manufacturing currently stands at around 14.6 GW, 59% higher than 2022. As it stands, less than 2% of Europe’s current demand for solar could be met with European-produced solar PV. Questions? Get in touch.
SolarPower Europe’s new European Market Outlook for Solar Power 2023-2027 reveals a record 56 GW of solar installations in Europe in 2023. This marks the third year of annual growth rates of at least 40%. The annual report predicts slower growth in 2024, with the annual market set to increase by only 11% - delivering 62 GW.
Germany has returned to the number one slot of Europe’s solar ranking, installing 14.1 GW in 2023, having been temporarily dethroned by Spain in 2022. Germany also now hold’s the record for the most solar installed by an EU country in one year, taking over Italy’s 12-year record of 9.3 GW in 2012.
According to assessments by the International Renewable Energy Agency in 2022, Germany had an installed photovoltaic capacity of around 67 gigawatts, making it the European country with the greatest solar energy potential.
The total EU solar fleet now amounts to 263 GW, up 27% from the 207 GW in 2022. Walburga Hemetsberger, CEO of SolarPower Europe said; “Solar has continued to deliver for Europe in crisis with record-breaking installations. Now as solar hits its own turning point, Europe must deliver for solar.
Outside of Europe, the United States, Japan, and India are among the countries with the highest photovoltaic capacities. This chart shows the European countries with the highest total photovoltaic capacity in 2022 (in gigawatts). Can I integrate infographics into my blog or website?