Northern Europe solar PV market outlook 2026

Our Northern Europe solar PV market outlook 2026 examines the key demand, policy, technology and finance variables impacting deployment across residential, C&I and utility-scale solar PV segments in the UK, Ireland, Sweden, Denmark, Norway, Finland, Lithuania, Estonia and Latvia. Northern Europe will add over 94 GW of PV capacity in the next 10 years; total regional installed capacity will grow by 208%. The UK will lead deployments, with almost 38 GW of PV capacity additions forecast between 2026 and 2035. Sweden and Ireland will follow, at 47 GW. Finland and Estonia will experience the fastest rates of growth over the next decade, as the two top emerging markets in the region. Impacts from the Middle East conflict will be more acute in the UK and Ireland, as the two countries most exposed to natural gas price fluctuations, which will add momentum to distributed solar PV deployments. Higher diesel and natural gas prices are also expected to accelerate electrification trends.