According to recent statistics from Instytut Energetyki Odnawialnej, the solar market in Poland is expected to experience substantial growth thanks to a surge in grid-connection approvals. Despite an increase in the number of project rejections, the grid-connected PV project pipeline has remained strong, reaching a capacity of 18 GW.
The Polish research body, has revealed that 6,929 PV projects with a combined capacity of about 18 GW had secured preliminary grid-connection approvals by the end of September. Compared to the end of March, projects and planned capacity surged by 41% and 46%, respectively.
This growth is significant for the country, as renewable energy sources continue to play an increasingly important role in meeting Poland's energy demands. In fact, the Polish government has committed to producing up to 23% of the country's energy needs from renewable sources by 2023.
Currently, solar energy is one of the fastest-growing forms of renewable energy in Poland. The rise in grid-connection approvals is a clear indication of the increasing interest in solar projects among developers and investors.
While project rejections have increased, this is to be expected as the market becomes more competitive and regulatory requirements become more stringent. Nonetheless, with an impressive project pipeline and rising demand for cleaner energy, the solar market in Poland is poised for continued growth in the coming years.
Poland's cumulative installed PV capacity hit 12.4 GW at the end of 2022, according to data from the IEO. Its installed solar capacity could more than double to 26,791 MW by the end of 2025. IEO's latest report suggests that this year, the nation will add approximately 5,981 MW, followed by 4,392 MW in 2024 and 3,996 MW in 2025.
The success of the solar market in Poland will depend on a range of factors, including favorable renewable energy policies, technological advancements, and financing options. However, with a strong pipeline of projects and increasing grid-connection approvals, the future looks bright for the country's solar industry.