GTM Research reports that after several years of stagnation, the European solar PV market grew in 2017 and prospects look good for continued growth to 2022. We expect an average of 14 GW of solar PV to be added per year from 2018 until 2022, with 67% being installed in just six key markets. Feed-in tariffs are gradually being replaced by competitive auctioning programs as the primary means of delivering new large-scale capacity, while subsidy-free project development is gathering pace, particularly in Southern Europe.
This report provides an in-depth overview of the state of the European solar PV market, including sectoral dynamics and LCOEs as well as coverage of project development, market attractiveness, forecasting and the competitive auctioning landscape. It also provides individual profiles of markets in key countries.
Source: GTM Research