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Does the EU solar sector continue to grow?

The EU solar sector continues its upward trajectory, with mid-2025 figures confirming robust growth. SolarPower Europe’s latest analysis highlights record installations, policy momentum, and the technology’s central role in the continent’s clean energy transition. Source: eepowerschool.com

Will the European solar PV market continue to grow?

The European solar PV market is poised for continued growth, but the explosive expansion driven by the energy crisis is now subsided. In the coming four years, growth is expected to stabilise at a more moderate annual rate of 3% to 7%.

How has the European solar market changed in 2024?

The European solar market has grown significantly in recent years. In 2024, 65.5 GW of solar capacity was installed across the EU—a new record, though growth slowed to just 4% compared to the impressive 50% increase in 2023 and 2022. 1 This reflects a shift in the market with supply chain constraints and regional saturation impacting growth.

What happened to solar homes in the EU in 2024?

Key markets across the EU, including Germany, Austria, Italy, Poland, the Netherlands, Belgium, Sweden, Spain, and Hungary, saw substantial declines in the solar homes segment. As a result, the market share of residential rooftop solar in the EU dropped to 20% in 2024, down from 28% in 2023 (see Fig. 3).

How much solar energy does the EU need in 2024?

In 2024, 65.5 GW of solar capacity was installed across the EU—a new record, though growth slowed to just 4% compared to the impressive 50% increase in 2023 and 2022. 1 This reflects a shift in the market with supply chain constraints and regional saturation impacting growth. Despite challenges, the need for solar energy remains strong.

How many solar panels are installed in Europe in 2024?

In 2024, the European Union installed 65.5 GW of solar PV, marking the eighth consecutive year of record-breaking annual additions. However, the annual growth rate decelerated significantly to 4.4% compared to the robust 41-53% observed during 2021-2023.