The European Union installed 56.4 GW of solar PV capacity last year. This represents a 45% annual increase, putting the continent on a record trajectory. This data details the corresponding growth in employment, manufacturing, and investment across the bloc.
Key Takeaways
- In 2023, the European Union newly installed 56.4 GW of solar photovoltaic (PV) capacity, marking a 45% increase from 2022.
- EU solar PV employment reached 500,000 jobs in 2023.
- EU market for solar PV reached €45 billion in turnover in 2023.
- EU REPowerEU plan allocates €300B for solar deployment by 2027.
- In 2023, EU solar PV manufacturing capacity was 45 GW annually, primarily modules.
Global solar power capacity continues to surge, driven by rapidly expanding installations worldwide.
Related reading
01 · Category
Capacity and Installations30 stats
01
In 2023, the European Union newly installed 56.4 GW of solar photovoltaic (PV) capacity, marking a 45% increase from 2022.
02
By the end of 2023, cumulative solar PV capacity in the EU reached 263 GW, representing 12% of the bloc's total electricity generation capacity.
03
Germany led EU solar installations in 2023 with 14.2 GW added, accounting for 25% of the EU total.
04
Spain installed 5.3 GW of solar PV in 2023, up 160% from the previous year.
05
The Netherlands added 4.7 GW of solar capacity in 2023, driven by rooftop PV growth.
06
Italy's solar installations reached 4.9 GW in 2023, with ground-mounted systems dominating.
07
Poland saw a 250% surge in solar PV additions, reaching 3.8 GW in 2023.
08
France installed 3.1 GW of solar in 2023, with a focus on agrivoltaics.
09
In Q1 2024, EU solar PV installations hit 11.2 GW, on track for another record year.
10
Rooftop solar accounted for 45% of EU PV installations in 2023, totaling 25.4 GW.
11
Utility-scale solar made up 55% of new EU capacity in 2023 at 30.5 GW.
12
EU solar capacity is projected to reach 700 GW by 2030 under REPowerEU plans.
13
In 2022, EU solar PV capacity stood at 205.9 GW, growing 26% year-on-year.
14
Belgium added 2.6 GW of solar in 2023, with self-consumption driving growth.
15
Austria's solar installations doubled to 2.1 GW in 2023.
16
Greece installed 1.8 GW in 2023, supported by large-scale projects.
17
Portugal reached 1.5 GW of new solar capacity in 2023.
18
Hungary added 1.2 GW, with residential PV booming.
19
Czech Republic's solar grew by 1.0 GW in 2023.
20
Sweden installed 0.8 GW despite northern climate challenges.
21
Denmark's solar capacity additions hit 0.7 GW in 2023.
22
EU floating solar capacity reached 1.2 GW by end-2023.
23
Bifacial modules comprised 65% of new EU solar installations in 2023.
24
Solar trackers were used in 40% of utility-scale EU projects in 2023.
25
EU residential solar installations grew 30% to 12 GW in 2023.
26
Commercial & industrial solar added 8.5 GW in EU 2023.
27
Agrivoltaic installations in EU reached 2.5 GW by 2023.
28
EU solar capacity factor averaged 15.5% in 2023.
29
Spain's cumulative solar PV capacity hit 25 GW by end-2023.
30
Germany's total solar PV capacity exceeded 80 GW in 2023.
Interpretation
Capacity and Installations Interpretation
Europe is basking in a solar renaissance so bright that its 2023 installations grew at a nearly scorching 45% clip, proving the continent is finally getting serious about its break-up with fossil fuels.
02 · Category
Employment and Workforce24 stats
01
EU solar PV employment reached 500,000 jobs in 2023.
02
Installation jobs accounted for 60% of EU solar employment at 300,000 in 2023.
03
Germany employs 160,000 in solar sector, 32% of EU total.
04
Spain's solar workforce grew to 80,000 jobs in 2023.
05
Italy has 50,000 solar jobs, focused on O&M and installation.
06
Netherlands solar employment at 25,000, up 20% YoY.
07
Poland added 20,000 solar jobs in manufacturing 2023.
08
France's solar sector employs 40,000, with training programs.
09
EU women represent 22% of solar workforce in 2023.
10
Solar skills gap affects 100,000 installation jobs in EU.
11
EU solar R&D employs 15,000 scientists and engineers.
12
Manufacturing jobs in EU solar grew to 50,000 in 2023.
13
Belgium's solar employment at 12,000, driven by rooftop.
14
Austria added 5,000 solar jobs in 2023.
15
Greece's solar O&M jobs reach 8,000.
16
Portugal employs 10,000 in solar installation.
17
Hungary's manufacturing boom created 15,000 jobs.
18
Czech Republic solar jobs at 7,000.
19
Sweden's solar workforce 4,000 despite climate.
20
Average EU solar installer salary €45,000 annually in 2023.
21
EU solar apprenticeships trained 20,000 youth in 2023.
22
Supply chain jobs indirect: 200,000 in EU solar ecosystem.
23
EU solar job creation projected 1 million by 2030.
24
70% of EU solar jobs require vocational training.
Interpretation
Employment and Workforce Interpretation
The sun is clearly Europe's most reliable employer, now supporting 500,000 jobs, but its rapid rise is casting a serious shadow over a skills gap that could dim the lights on a million-job future.
03 · Category
Market and Economic Impact25 stats
01
EU market for solar PV reached €45 billion in turnover in 2023.
02
Solar PV investments in EU totaled €52 billion in 2023.
03
Levelized cost of solar PV in EU averaged €25/MWh in 2023, cheapest power source.
04
EU solar PV module prices fell 40% to €0.18/Wp in 2023.
05
Residential solar system costs in EU dropped to €1.2/Wp in 2023.
06
Utility-scale solar EPC costs averaged €0.45/W in sunny EU regions 2023.
07
EU solar export value reached €2.5 billion in modules 2023.
08
Solar contributed €25 billion to EU GDP in 2023.
09
EU residential solar payback period shortened to 5.5 years in 2023.
10
Corporate PPAs for solar in EU totaled 15 GW contracted in 2023.
11
EU solar auction prices hit record low of €11/MWh in Spain 2023.
12
Merchant solar revenue in EU averaged €60/MWh in 2023.
13
EU solar financing volume grew 25% to €60B in 2023.
14
Italy's solar market share of new capacity was 20% in 2023.
15
EU ground-mount solar market valued at €25B in 2023.
16
Distributed solar generation in EU reached 5% of total electricity in 2023.
17
EU solar balance of system market €12B in 2023.
18
Venture capital in EU solar startups €1.2B in 2023.
19
EU solar O&M market size €3.5B annually in 2023.
20
Solar storage hybrid market in EU €8B in 2023.
21
EU solar PPAs averaged €35/MWh in 2023.
22
Retail electricity prices in EU fell 10% due to solar oversupply in 2023.
23
EU solar curtailment losses totaled 1.2 TWh in 2023.
24
Germany's solar wholesale market revenue €15B in 2023.
25
EU Net-Zero Industry Act boosts solar market to €100B by 2025.
Interpretation
Market and Economic Impact Interpretation
The EU's solar industry is glowing with health, having poured an impressive €52 billion into investments, reduced prices by 40% to become the cheapest power source, and even started exporting its success—proving that when the sun shines on a €45 billion market, it can both power a continent and depress its own prices.
More related reading
04 · Category
Policy and Investments23 stats
01
EU REPowerEU plan allocates €300B for solar deployment by 2027.
02
EU Solar Strategy targets 600 GW PV capacity by 2030.
03
Germany's EEG subsidy scheme supported 10 GW solar in 2023.
04
Spain's RD 244/2019 auction awarded 4.5 GW solar capacity.
05
Italy's FER 5 decree incentivized 4 GW solar bids in 2023.
06
Netherlands SDE++ scheme funded €5B in solar projects 2023.
07
France's PPE3 plan targets 35 GW solar by 2028.
08
Poland's My Electricity program subsidized 1.5 GW residential solar.
09
EU Innovation Fund granted €2B to solar projects since 2020.
10
Horizon Europe funds €1B for solar R&D 2021-2027.
11
EU ETS revenues reinvested €10B in solar since 2021.
12
Belgium's green certificates supported 2 GW solar in 2023.
13
Austria's feed-in tariff capped at 900 MW but oversubscribed.
14
Greece's RES auctions awarded 2.5 GW solar in 2023.
15
Portugal's PRR funds €1B for solar PV expansion.
16
Hungary's METAR program subsidized 500 MW rooftop solar.
17
EU Just Transition Fund allocates €5B for solar in coal regions.
18
Recovery and Resilience Facility invests €40B in EU solar by 2026.
19
EU taxonomy classifies 90% of solar investments as sustainable.
20
Net-Zero Industry Act sets 40% domestic content target for solar.
21
EU anti-dumping duties on Chinese modules extended to 2025.
22
Carbon Border Adjustment Mechanism impacts solar imports from 2026.
23
EU solar public procurement rules favor local manufacturing.
Interpretation
Policy and Investments Interpretation
Europe's solar revolution is rapidly being forged with a mountain of cash, a thicket of regulations, and a palpable sense of urgency, proving that while you can't exactly buy a sunny disposition, you can certainly fund a continental-scale energy transition.
05 · Category
Production and Manufacturing27 stats
01
In 2023, EU solar PV manufacturing capacity was 45 GW annually, primarily modules.
02
EU produced 12 GW of solar cells in 2023, up from 3 GW in 2022.
03
Germany hosts 15 GW of annual module production capacity in 2023.
04
Italy's solar manufacturing output reached 5 GW for modules in 2023.
05
Poland emerged as EU's top wafer producer with 8 GW capacity by 2023.
06
EU ingot and wafer production hit 20 GW in 2023, 300% growth.
07
By 2024, EU aims for 40 GW module production under Net-Zero Industry Act.
08
Meyer Burger's German factory produced 1.4 GW of modules in 2023.
09
EU polysilicon production capacity stood at 300,000 tons per year in 2023.
10
Spain announced 10 GW module factory plans in 2023.
11
Netherlands' ECN part of 2 GW cell production ramp-up in 2023.
12
EU n-type TOPCon module production share reached 25% in 2023.
13
Total EU solar PV component manufacturing value was €8.5 billion in 2023.
14
18 new module factories opened in EU in 2023, totaling 30 GW capacity.
15
EU recycled 10 GW of end-of-life PV modules in 2023.
16
France's Volda factory produces 3 GW heterojunction modules annually since 2023.
17
EU supply chain localization reduced import dependency to 70% for modules in 2023.
18
Romania's 5 GW module gigafactory operational by late 2023.
19
EU perovskite-silicon tandem pilot production started at 100 MW in 2023.
20
Germany's Wacker Chemie expanded polysilicon to 100,000 tpa in 2023.
21
Italy's Enel Green Power invests €200M in 2 GW module plant.
22
EU thin-film PV production niche at 1 GW annually in 2023.
23
Hungary's 4 GW cell factory by Luxor Solar in production 2023.
24
EU BOS component manufacturing grew 20% to €15B in 2023.
25
Sweden's 1 GW module line by Midsummer AB operational 2023.
26
EU glass for PV production at 25 GW capacity in 2023.
27
Portugal's 2 GW inverter factory supports local production.
Interpretation
Production and Manufacturing Interpretation
Europe's solar manufacturing sector is finally harnessing its own sunlight, showing impressive growth from cells to wafers, yet it remains clear that while the ambition is at full power, the current output still needs a significant charge to truly energy-independently shine.
Reference
Cite This Report
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APA
Marcus Engström. (2026, February 13). Eu Solar Industry Statistics. Gitnux. https://gitnux.org/eu-solar-industry-statistics
MLA
Marcus Engström. "Eu Solar Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/eu-solar-industry-statistics.
Chicago
Marcus Engström. 2026. "Eu Solar Industry Statistics." Gitnux. https://gitnux.org/eu-solar-industry-statistics.
Sources & references
77 datasets cited across this report · attribution is report-level