How much solar power is installed in Sweden?

A total of 460 MW of solar power was installed in Sweden during the first half of the year, which corresponds to an additional electricity production equivalent to the annual consumption (5,000 kWh/year) of 80,000 villas with geothermal heating. Also see: Further growth of the Swedish PV market

What is the Sweden Solar power market?

The Sweden Solar Power Market is Segmented by Location of Deployment (Rooftop, Ground-mounted) and End User (Residential, Commercial and Industrial (C&I), Utility). The market size and forecasts are provided in terms of installed capacity Megawatts (MW) for all the above segments. Image © Mordor Intelligence.

Who is a typical residential solar PV buyer in Sweden?

Based on the above presented analysis we can create our typical residential solar PV buyer in Sweden. This would be a person between 45-65 years old, with an income above 500 000 SEK per year, and living in a rural area closer to a larger city.

How many solar installations did Sweden install in 2024?

By the end of July 2024, Sweden connected 27,500 solar installations, slightly surpassing the 26,600 installations during the same period in 2022 and doubling the 13,500 installations from the first half of 2021. However, this figure is still far below the 66,000 installations connected during the same period in 2023.

How many households in Sweden have solar PV systems?

Breaking down this data geographically, we can see that there is a large variation between areas. In some areas of Sweden, up to 40% of single-family households in the >1MSEK per year income category has installed solar PV systems, while in others its below 10%.

Are solar panels tax deductible in Sweden?

Homeowners in Sweden considering installing solar panels should be aware that by doing so, they can benefit from tax reductions for the cost of both labor and materials, as part of a government initiative known as the green deduction (or “grön teknik”).