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%.
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.

BrightNight and Cordelio Power commission a major 300 megawatt solar project in Arizona, attracting significant investments from JPMorgan and Capital One, with estimated local economic benefits of $180mn.
Austria is launching an unprecedented 20% bonus on photovoltaic subsidies to promote equipment manufactured in Europe, with a total envelope of €20 million dedicated to solar installations and energy storage systems.
Chinese manufacturer Longi will invest alongside Pertamina NRE in a 1.6 GW site at Deltamas, aiming to strengthen the local photovoltaic chain and capture demand expected under Indonesia’s power plan.
OMV Petrom acquires 50% of the 400 MW Gabare photovoltaic project near Sofia, in partnership with Enery, in a deal valued at approximately €200 million including a potential energy storage solution.
Driven by strong solar adoption, the global SCADA systems market for renewable energy is expected to reach $3.56bn by 2030, with an estimated average annual growth rate of 12.7%, according to MarketsandMarkets.
RATP and Urbasolar officially inaugurated the Colombier photovoltaic power plant, the first large-scale solar installation operated by the Parisian public transport operator, set to produce 14 GWh of electricity per year.
Danish developer European Energy finalises financing deal exceeding €70m for constructing two Australian solar plants, totalling 137 megawatts of installed capacity on the local electricity market.
The African Development Bank financially supports Zambia with $26.5 million for the 32 MW Ilute solar project, structured to avoid reliance on sovereign guarantees.
Emeren Group Ltd announces a definitive merger agreement with Shurya Vitra Ltd, providing for the repurchase of shares at $0.20 each, aiming to transform the company into a private entity by the end of September 2025.
The global solar tracker market is expected to reach $29.31bn by 2030, driven by a compound annual growth rate of 26.2%, notably supported by large-scale photovoltaic projects and recent technological advances, a new study reports.
A report from the think tank Ember reveals that falling battery prices now make year-round solar power generation economically viable in the world's sunniest regions.
MondialBox Saint-Nazaire deploys 2,300 photovoltaic panels covering 4,500 m², annually generating 800 MWh of decarbonized energy, in partnership with SeeYouSun and Sonadev, via ActiSun, a program dedicated to solarizing industrial and commercial spaces.
The Ingerslev Å solar plant, operated by BeGreen, an Equinor subsidiary, begins production in Denmark, adding a capacity of 65 MW and generating approximately 68 GWh annually for the local DK1 electricity market.
Octopus Energy Generation announces an initial $60 million fund dedicated to financing energy infrastructure projects in Sub-Saharan Africa, aiming to raise $250 million over three years, in partnership with Pembani Remgro Infrastructure Managers.
The Kuwait Authority for Partnership Projects has launched the tender for the 1.1 GW Al Dibdibah and Al Shagaya Phase III Zone 1 solar project, targeting pre-qualified international companies and consortia.
T1 Energy commits $850 million to build a five-gigawatt photovoltaic facility in Texas, selecting Yates Construction and benefiting from local tax incentives, with 1,800 jobs anticipated by the end of 2026.
The German solar developer has completed the 90-megawatt-peak Postomino photovoltaic park in north-western Poland, integrating it with an existing wind farm’s high-voltage line in a cable-pooling arrangement set to supply electricity to about 32,000 homes.
EDF Renouvelables plans a floating solar plant in Isère by 2027, featuring 70,000 panels integrated with an existing hydroelectric dam, targeting an annual production of 60 GWh.
Scatec ASA finalises financing for its hybrid solar-battery Obelisk project in Egypt, securing $479.1 million from international financial institutions for a planned capacity of 1.1 GW solar and 100 MW storage.
The 800 MW Horizeo photovoltaic project spanning 680 hectares in Gironde awaits governmental authorization linked to France’s Zero Net Artificialization (ZAN) objective to advance permits submitted in early 2024.