In a recent report, the Institute of Renewable Energy (IEO) in Poland confirmed a high solar PV target over the next five years. Achieving this target would mean significant annual installations, which – going by the current scenario – is a little optimistic. However, if achieved, this would see the rapid growth of the sector.
A survey from PV Poland highlighted that the sales of solar PV modules in March increased four times compared to last year and remained unaffected by Covid-19 restrictions. January observed twice the number of jobs compared to last year. Most importantly, the jobs were not impacted by the crisis, instead, they are expected to have increased in April, representing the strength and resilience of the sector in Poland.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataSolar PV is expected to form more than 3.5% of the country’s capacity installation this year with the potential to double by 2025. The estimates suggest that Poland’s solar PV sector would need approximately 1GW installation every year to reach approximately 8GW by 2025. This is likely to make Poland the fastest-growing solar PV market in the eastern European region over the next decade, and the country would need to curb coal-based generation – on which it is currently overly dependent. This could have serious consequences for those employed in the coal-based generation sector.
To complement the growth achieved in the small-scale segment, the large-scale solar PV projects awarded contracts in auctions held in 2018-2019 and are expected to meet an extended deadline of coming online by 2021. The years 2021 and 2022 are likely to mark the emergence of an ‘investment boom’ in the country’s solar PV sector.
The emergence of the small-scale segment has left behind previous estimates of approximately 700MW of solar PV installation in 2020 – although achieving the 7.8GW mark by 2025 will also need participation from the utility-scale projects. By the end of 2025, it is expected that the small-scale and utility-scale installation would have an equal percentage share in the cumulative solar PV capacity.