The French Photovoltaic Sector Reaches a Milestone with One Million Installations in 2024

The 52nd edition of the Solar Energy Observatory highlights significant growth in photovoltaic connections, marking a milestone with one million installations in operation.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The French solar market solidified its position in the third quarter of 2024 with a total of 1,352 MW connected, according to data from the Solar Energy Observatory published by France Territoire Solaire. This figure represents a 33% increase compared to the 1,013 MW connected in the previous quarter, reflecting sustained growth across all market segments.

Performance by Segment

Large photovoltaic installations (500 kW and above) accounted for 521 MW of new connections, making it the most dynamic segment of the quarter. Large rooftops (100 to 500 kW) also reached a record, with a total of 456 MW connected, confirming their growing role in market expansion.

The self-consumption and residential installation segments continue to grow. Nearly 61,835 new self-consumption installations were connected, a record number. Residential installations under 36 kW contributed an additional 284 MW to the grid, while medium-sized rooftops (36 to 100 kW) remained stable with an additional 90 MW.

Impact on National Consumption

The share of solar electricity in France’s gross electricity consumption reached 8.91% in the third quarter of 2024. This growth reflects increased photovoltaic capacities connected to the grid and ongoing diversification of energy sources.

Meanwhile, the queue for distribution network connections has increased, surpassing 25 GW. This raises questions about the capacity of operators to manage the continuous growth of the solar fleet, particularly concerning connection delays.

Economic Factors and Constraints

With the market price of electricity stabilized around €45/MWh, the public financial impact of solar installations remains moderate. However, several structural challenges persist, such as delays in adopting strategic texts like the Multiannual Energy Program (PPE) and increased permitting and connection delays.

These factors, coupled with persistent price volatility and regulatory uncertainties, could limit short-term investments. According to France Territoire Solaire, these constraints require strengthened coordination between public and private stakeholders to stabilize the market.

A Dynamic to Monitor

Despite these challenges, the figures from the third quarter of 2024 confirm the growth of the photovoltaic market in France. However, the evolution of legislative frameworks and administrative processes will be crucial in sustaining this dynamic.

The delay rate for large-scale photovoltaic projects in the United States fell to 20% in Q3 2025, down from 25% a year earlier, despite record growth in installed capacity in 2024.
Evolution III fund of Inspired Evolution invests alongside FMO and Swedfund to accelerate regional growth of Sedgeley Solar Group, active in solar installations for commercial and industrial sectors.
British company Naked Energy is accelerating its international expansion with a new office in Madrid to deploy its solar thermal technology in the industrially promising Iberian market.
Tata Power is preparing a 10 GW ingot and wafer facility to consolidate its domestic solar chain, secure supplies, and capture PLI incentives ahead of 2026 local content mandates.
ACEN Australia’s Stubbo Solar project becomes the first solar asset to operate under an LTESA contract, strengthening its role in New South Wales’ energy transformation.
The Japanese oyster producer is investing in both resale and construction of photovoltaic plants, evenly splitting resources to consolidate its GO Store subsidiary's position in the domestic solar market.
Fortescue launches a solar innovation hub in the Pilbara with AUD45mn ($28.9mn) in public funding to test technologies aimed at accelerating and optimising large-scale solar farm construction.
The Philippine Department of Energy validated over 10 GW of renewable projects, including floating solar and hybrid systems, in the fourth round of its national green auction programme.
Developer Headwater Energy secured $144mn in financing arranged by BridgePeak Energy Capital to build a 112.5MW solar plant, expanding its portfolio in the southeastern United States.
JA Solar has signed an agreement with Larsen & Toubro to supply photovoltaic modules for the Samarkand 1 and 2 solar power plants, developed by ACWA Power with a total installed capacity of 1.2 GW.
Taiwanese company HD Renewable Energy is expanding internationally with major solar and battery storage projects in Australia and Japan, targeting more than 6 gigawatts of installed capacity by 2028.
Two photovoltaic plants with a combined capacity of 1,400 MW will be operational in 2027, strengthening EDF Group's international presence and Asian actors in Saudi Arabia's energy market.
Matrix Renewables and SOLV Energy have completed construction of the Stillhouse Solar plant, a 284 MW project in Bell County, representing over $370mn in private investment and 320 jobs created.
With solar module manufacturing capacity tripling domestic demand, India holds 29 GW in inventory, while exports to the United States fall by 52%.
Boviet Solar strengthens its industrial presence in the United States with a major investment in a new 3 GW photovoltaic cell plant in Greenville, consolidating its North American expansion strategy.
BrightNight and Cordelio Power have announced the financial close for the Pioneer Clean Energy Center, a hybrid project combining 300 MW of solar and 1,200 MWh of energy storage in Arizona, aimed at supporting the state's growing energy demand.
Driven by innovations in perovskite and quantum dots, the next-generation solar cells market, valued at USD 4.21 billion in 2024, is expected to grow rapidly at a rate of 21.21%, reaching USD 19.62 billion by 2032.
GreenYellow and Sasol Italy announce the start of construction of a 5.1 MWp photovoltaic solar plant in Terranova Dei Passerini. This project aims to strengthen Sasol’s energy independence in Italy while contributing to the industrial energy transition.
Seven-Eleven Japan signs a power purchase agreement (PPA) with Chugoku Electric Power to acquire 22.3 GWh annually from solar and hydro projects, marking a new chapter for the retailer in renewable energy procurement.
OneD Battery Sciences and Shanghai Putailai New Energy Technology announce a development agreement to design and scale production of silicon-carbon anodes for lithium-ion batteries.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.