Official figures from Sweden’s energy association says more solar was added than estimates suggested during a record year for PV deployment in 2023, with the country’s cumulative capacity now standing at around 4 GW.
High interest rates, inflation, and customer uncertainty could slow down residential PV growth in Sweden this year, despite record solar installations in 2023, but interest in utility-scale PV remains strong.
The nation’s cumulative installed solar capacity reached 698 MW at the end of December. Around 19,000 new PV systems were added last year.
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