The Slovak solar industry saw a noteworthy growth in 2023, with preliminary data from the Slovak Association of the Photovoltaic Industry (SAPI) suggesting that the country added around 220 MW of solar capacity, for both Rooftop On Grid Solar System and Ground On Grid Solar System. This marks a substantial increase from the 60 MW deployed in 2022 and the 5 MW added in 2021.
This was likely supported by a new phase of the Slovak Innovation and Energy Agency's residential PV rebate scheme, which launched in July and offered a total budget of €140 million ($153.3 million) for 2023, covering up to 50% of purchase and installation costs.
Based on regional grid operators' statistics in Slovakia, the SAPI estimates that the country could see an additional 300 MW of new photovoltaic capacity integrated by 2024. These positive signs of growth give hope that Slovakia could become a significant player in the solar energy market.
SAPI estimates that Slovakia's solar market will grow by around 300 MW in 2024 and by roughly the same amount in 2025, with certian percentage of Hybrid PV System for Solar Battery Storage
According to the International Renewable Energy Agency, Slovakia had around 537 MW of installed PV capacity at the end of 2022. If SAPI's figures are confirmed, the country surpassed 737 MW at the end of December 2023.