Market Report

Eastern Europe solar PV outlook 2023

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Over the last year, Wood Mackenzie has incorporated more depth and detail on country-specific distributed solar markets in our quarterly regional European reports. We will continue to analyse how policy and economic factors draw increasingly more attention to distributed solar in Europe. This regional report presents our latest 10-year outlook for solar PV development in Eastern Europe and the Caspian, and introduces our first segmented forecast for Romania. Cumulative solar PV capacity in the region will grow from around 34 GWdc by 2023 to 132 GWdc by 2032. Poland will lead solar buildout across the region.

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    Eastern Europe solar PV outlook 2023_PR.pdf

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