Gain comprehensive insights into the statistics and metrics surrounding the solar production industry in Finland Contact online >>
Gain comprehensive insights into the statistics and metrics surrounding the solar production industry in Finland
Southern Finland: Regions like Helsinki and Turku tend to have higher yields, closer to the upper end of the range (around 900 kWh/kWh) due to better solar insolation.
Northern Finland: Regions like Lapland have lower yields, closer to the lower end of the range (around 800 kWh/kWh) due to reduced sunlight during winter months.
Residential Consumers: The average cost for residential consumers is typically around $0.16 to $0.22 per kWh. This includes taxes and other fees. 3
Commercial and Industrial Consumers: The average cost for commercial and industrial consumers is generally lower due to higher consumption volumes and can range from $0.12 to $0.17 per kWh.
Statistics from Fin-grid, the company responsible for the national high-voltage grid, show impressive figures. In 2023, the transmission reliability rate reached a record-breaking 99.99995%. 4
Finland’s total solar panel production capacity (installed) reached approximately 1,000 megawatts (MW) at the end of 2023, according to the Finnish Energy Authority [Energiavirasto]. 5
Projected increase by 2030: Estimates suggest a significant rise, potentially reaching 7 gigawatts (GW) [DNV]. 6
Solar Photovoltaic (PV):
Hydropower: Cost: $30 – $60 per MWh
Nuclear: Cost: $90 – $140 per MWh
Biomass: Cost: $60 – $120 per MWh
Hydropower and Wind Energy: Each contributing roughly 18% to the country''s power mix.
Solar Power: Representing 0.8% of the total generation.
Wood Fuels: Used significantly, making up 12.8% of the mix.
Imports: Comprising 2.2% of the total electricity supply.
Other sources include coal (1.9%), oil (0.2%), gas (0.8%), peat (1.4%), and miscellaneous sources (2.0%)
In Finland, the average daily availability of electricity from the national grid is nearly 24 hours per day. Finland is known for its highly reliable and efficient power grid, with minimal outages. 9
A range of 20,000 to 25,000 residential solar panel installations in Finland by the end of 2021. The number of residential solar panel installations in Finland has been growing steadily. As of recent reports, by the end of 2022, there were approximately 40,000 residential solar panel systems installed across the country. 10
As of 2023, Finland had around 25 solar farms installed. The number of projected solar farms in the coming years is expected to grow significantly due to increasing investments and governmental support for renewable energy. By 2025, Finland is projected to have an additional 20-30 solar farms, bringing the total to approximately 45-55 solar farms.11
Current Demand: current market size is likely in the hundreds or low thousands of installations. As of 2023, it is estimated that there are several thousand off-grid solar installations in Finland, primarily in rural areas and recreational properties. 12
Projected: Electricity generation in Solar Energy market is projected to amount to 575.00m kWh in 2024. An annual growth rate of 14.04% is expected (CAGR 2024-2029).
Ambitious Goals: Finland has set ambitious renewable energy targets. The Ministry of Economic Affairs and Employment projects electricity produced by solar panels to grow from 0.1 TWh in 2020 to 1.1 TWh by 2030 and a massive 6.0 TWh by 2050
Solar Panel Installers/Technicians: 14
Electrical Engineers (specialized in solar energy):
Sales and Business Development:
Administrative and Support Staff:
About Finland off-grid solar
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