What is the PV industry in Sweden?

The Swedish PV industry mainly contains of small to medium size installers and retailers of PV modules or systems. At the writing of this report the author was aware of 339 companies that sold and/or installed PV modules and/or systems in the Swedish market (see section 4.6) in 2020.

Why are solar PV systems becoming more popular in Sweden?

Several large utility-scale projects are being developed by private entities, further propelling the market's expansion. Furthermore, the soaring electricity prices in Sweden have incentivized the installation of solar PV systems for self-consumption.

Who are the major companies in the European solar photovoltaic market?

The European solar photovoltaic (PV) market is fragmented. Some of the major companies in the market (in no particular order) include Hanwha Q CELLS Technology Co. Ltd, Iberdrola SA, SunPower Corporation, JinkoSolar Holding Co. Ltd, and Lightsource BP Renewable Energy Investments Limited. Need More Details on Market Players and Competitors?

What is the market value of PV electricity in Sweden?

As can be derived from Table 19, the market value of PV electricity in Sweden has on average been 5 SEK/MWh and 12 SEK/MWh higher than the average spot prices in Sweden under the time period 2014 to 2020 in SE1 and SE4, respectively.

How much does a PV system cost in Sweden?

Figure 14: The supplier cost structure for a typical Swedish grid-connected roof-mounted residential PV system [10kWp] in 2020. The total price was 109 840 SEK. The fast decrease in PV system prices in Sweden the last few years has slowed down, but a declining price trend can still be seen.

What is the average PV system size in Sweden?

As can be seen at the end of 2020, Sweden had 65 797 grid-connected PV system, and the corresponding average system size was about 16.6 kW. That is a relatively small system size and it clearly illustrates that the Swedish PV market mainly consist of small distributed PV systems.