The photovoltaic software market will reach 1.67 billion USD by 2031

The global photovoltaic software market is expected to grow from an estimated 895.60 million USD in 2023 to 1,669.75 million USD in 2031, at a Compound Annual Growth Rate (CAGR) of 8.5%.

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Interface d'une application de gestion de panneaux solaires

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The market for solar applications is evolving rapidly, propelled by increased demand for solar installations and ongoing technological advances.
These digital tools play a crucial role in optimizing the design, management and maintenance of photovoltaic systems, but also in other energy sectors, increasing their efficiency and profitability.

Market context and growth

In 2023, the global market for solar energy software solutions will be worth 895.60 million USD.
With growth projected at a compound annual growth rate of 8.5%, this market is expected to reach 1.67 billion USD by 2031.
This growth is fuelled by government initiatives to promote renewable energies, ambitious sustainability targets, and increasing adoption of solar installations in the residential and industrial sectors.
Specialized tools such as PVsyst, Helioscopes and Aurora Solar enable engineers to simulate various configurations and assess the economic viability of projects.
These programs facilitate planning, design and financial analysis, providing an overview of anticipated energy and financial returns.

Applications and Benefits of Software Solutions

Applications for solar systems cover a wide range of uses, from automation and computer-aided design (CAD) to operations management and maintenance.
These platforms enable real-time monitoring of energy production, performance parameters and maintenance schedules, ensuring optimal, sustainable operation of solar infrastructures.
Beyond the technical aspects, these programs support sales and marketing efforts by providing tools to demonstrate the viability of projects and promote solar solutions to potential customers.
The evolution of the solar software market is also marked by advances in automation and operations management, responding to the varied needs of players in the solar energy value chain.

Regional Challenges and Opportunities

The market for software technologies for photovoltaic energy faces several challenges, including a lack of skilled labor for PV system development and maintenance, land acquisition conflicts with agriculture, and regulatory uncertainties.
Despite these obstacles, regions such as North America, and particularly the United States, continue to foster software innovation thanks to a robust development ecosystem and favorable government policies.
High electricity demand and solar irradiation levels encourage the deployment of solar energy solutions in North America.
The greater presence of a skilled workforce, modern infrastructure and the headquarters of major market players such as PVsyst and Aurora Solar reinforce the region’s leadership in the development of solar system programs.

Recent Developments and Innovations

In May 2024, Valentin Software presented its revolutionary design software for photovoltaic, solar thermal and heat pump systems at Intersolar Europe in Munich.
This premium PV*SOL professional program offers new battery options, high-quality charging profiles and the latest climate data.
In March 2024, Energy Toolbase enhanced its ETB Developer package with a new feature for modeling the economics of solar and storage installations.
This innovation maximizes value streams such as grid services and electricity bill reductions, improving project economics and reliability.
Aurora Solar, in May 2023, announced its expansion into Germany to support solar organizations in streamlining operations and accelerating growth.
This expansion responds to the growing demand from German solar installers for digital and automated solutions.
The solar applications market continues to grow, offering essential tools for every stage of solar system implementation and management.
By overcoming challenges and adapting to innovations, this market promises sustained growth and significant technological advances for years to come.

Loiret Energie and Terres d’Energie Développement will invest €15mn in a 31.5-hectare agrivoltaic farm in La Ferté Saint-Aubin, combining electricity production and organic cattle farming.
Canadian Solar Infrastructure Fund makes its first acquisition outside the FIT scheme with a 1.1 MW solar plant in Tsukuba, valued at ¥253.5mn ($1.7mn), under a corporate PPA agreement.
The agreement will enable Bisleri to meet 48% of the electricity needs at its Sahibabad site through solar power supplied by Sunsure, cutting annual CO₂ emissions by nearly 2,700 tons.
Vikram Solar has commissioned a new 5 GW automated plant in Vallam, Tamil Nadu, raising its total capacity to 9.5 GW and marking a key milestone in its industrial expansion strategy in India.
Norwegian group Scatec is developing a 1.1 GW solar plant with 200 MWh of storage for Egypt Aluminium, under a 25-year contract backed by the EIB, AfDB and EBRD.
GreenYellow has signed a major energy deal with Dohome to deploy 10.5 MWp of solar and 13 MWh of storage across 15 sites, marking one of the largest hybrid projects in Thailand’s retail sector.
ENEOS Renewable Energy will develop two solar installations totalling 4MW on a decommissioned JR Hokkaido line, under a power supply agreement signed with the railway company and the regional electric utility.
RWE has commissioned a project combining 200 MW of solar and 100 MW of battery storage in Milam County, Texas, addressing the growing electricity demand and expanding its operations in the United States.
EDP has launched operations of a rooftop solar plant at Johnson Electric’s site in Asti, targeting an annual output of 400 MWh to strengthen the manufacturer’s energy autonomy and stabilise electricity costs.
PowerField increased its operational capacity to 300 MWp by integrating seven new solar parks, developed or acquired before construction, across four Dutch provinces.
Idex has inaugurated a photovoltaic power plant spanning 14,500 m² at Ainterexpo's parking area, developed in partnership with Grand Bourg Agglomération under a 30-year operating model.
West Holdings and Toshiba Energy Systems & Solutions will jointly develop turnkey services for solar power plants and large-scale battery storage, combining construction, grid management and production optimisation.
The Italo-Japanese group Potentia Energy has received environmental clearance for a 1 GW solar and battery hybrid park in New South Wales, estimated at AUD1.3bn ($858.9m).
Symphonics enables photovoltaic operators to access RTE’s adjustment mechanism, offering new profitability in a context of slowdown in the solar sector in France.
Swiss group Axpo has completed a four-plant photovoltaic complex in León province, totalling 200 MWp of capacity, and is preparing its grid connection for early 2026.
Swift Solar begins a strategic collaboration with Plenitude to test its tandem perovskite solar technology at industrial scale, targeting deployment in large-scale photovoltaic projects.
Sojitz plans to deliver a 44.2 MWDC solar plant in Wakayama by December 2027, funded outside the feed-in tariff scheme and aimed at direct power sale contracts.
US tariff measures shake up Indian solar module exports, exposing the industry to structural overcapacity risks and forcing New Delhi to redirect its industrial strategy.
SolarX secures €15mn in senior debt from Afrigreen to refinance solar commercial assets in four francophone countries, consolidating Franco-European financial presence in a strategic and growing market.
STMicroelectronics has signed a 15-year agreement with solar producer TSE to supply 780 GWh of electricity to its French sites starting in 2027.

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