The Denmark solar energy market, characterized by a Compound Annual Growth Rate (CAGR) exceeding 10% from 2019 to 2024, is poised for substantial expansion through 2033. Driven by supportive government policies promoting renewable energy adoption, decreasing solar panel costs, and increasing environmental awareness among consumers and businesses, the market is experiencing significant growth across both photovoltaic (PV) and concentrated solar power (CSP) segments. Key players like Ørsted A/S, BeGreen A/S, Better Energy A/S, Arcon-Sunmark A/S, and Danish Solar Energy Ltd. are driving innovation and market penetration. While specific market size data for 2025 is unavailable, estimating from the CAGR and considering the substantial growth trajectory, a reasonable projection for the Denmark solar energy market size in 2025 would be in the range of €150-200 million. This figure reflects a considerable increase from the previous years and anticipates further expansion based on current trends. Continued investment in infrastructure and technological advancements will further propel the sector’s growth. However, challenges remain. Potential restraints include the intermittency of solar power, requiring robust energy storage solutions, and the need for continuous grid modernization to handle the influx of renewable energy. Despite these hurdles, the long-term outlook for the Danish solar energy market remains positive, fuelled by ambitious national renewable energy targets, growing demand for clean energy, and the increasing economic viability of solar installations. The market is expected to witness further consolidation among key players, strategic partnerships, and increased foreign direct investment in the coming years. Both the PV and CSP segments are anticipated to grow significantly, with PV likely dominating due to its lower upfront costs and wider accessibility. Notable trends are: Photovoltaic to Dominate the Market.

This table expresses the use of renewable energy as gross final consumption of energy. Figures are presented in an absolute way, as well as related to the total energy use in the Netherlands. The total gross final energy consumption in the Netherlands (the denominator used to calculate the percentage of renewable energy per ‘Energy sources and techniques’) can be found in the table as ‘Total, including non-renewables’ and Energy application ‘Total’. The gross final energy consumption for the energy applications ‘Electricity’ and ‘Heat’ are also available. With these figures the percentages of the different energy sources and applications can be calculated; these values are not available in this table. The gross final energy consumption for ‘Transport’ is not available because of the complexity to calculate this. More information on this can be found in the yearly publication ‘Hernieuwbare energie in Nederland’.

Renewable energy is energy from wind, hydro power, the sun, the earth, heat from outdoor air and biomass. This is energy from natural processes that is replenished constantly.

The figures are broken down into energy source/technique and into energy application (electricity, heat and transport).

This table focuses on the share of renewable energy according to the EU Renewable Energy Directive. Under this directive, countries can apply an administrative transfer by purchasing renewable energy from countries that have consumed more renewable energy than the agreed target. For 2020, the Netherlands has implemented such a transfer by purchasing renewable energy from Denmark. This transfer has been made visible in this table as a separate energy source/technique and two totals are included; a total with statistical transfer and a total without statistical transfer.

Figures for 2020 and before were calculated based on RED I; in accordance with Eurostat these figures will not be modified anymore. Inconsistencies with other tables undergoing updates may occur.

Data available from: 1990

Status of the figures: This table contains definite figures up to and including 2023, figures for 2024 are revised provisional.

Changes as of November 2025: Figures have been revised from 2021 – 2022 and updated for 2023 -2024 The revision concerns improved data on (bio)diesel oil consumption by mobile equipment in the construction and services sectors. This results in a shift of biodiesel consumption in energy application transport to energy application heating and cooling. These changes amount to a few PJ.

Changes as of July 2025: Compiling figures on solar electricity took more time than scheduled. Consequently, not all StatLine tables on energy contain the most recent 2024 data on production for solar electricity. This table contains the outdated data from June 2025. The most recent figures are 5 percent higher for 2024 solar electricity production. These figures are in these two tables (in Dutch): - StatLine - Zonnestroom; vermogen en vermogensklasse, bedrijven en woningen, regio - StatLine - Hernieuwbare energie; zonnestroom, windenergie, RES-regio Next update is scheduled in November 2025. From that moment all figures will be fully consistent again. We apologize for the inconvenience.

Changes as of june 2025: Figures for 2024 have been added.

Changes as of January 2025 Renewable cooling has been added as Energy source and technique from 2021 onwards, in accordance with RED II. Figures for 2020 and earlier follow RED I definitions, renewable cooling isn’t a part of these definitions.
The energy application “Heat” has been renamed to “Heating and cooling”, in accordance with RED II definitions. RED II is the current Renewable Energy Directive which entered into force in 2021

Changes as of November 15th 2024 Figures for 2021-2023 have been adjusted. 2022 is now definitive, 2023 stays revised provisional. Because of new insights for windmills regarding own electricity use and capacity, figures on 2021 have been revised.

Changes as of March 2024: Figures of the total energy applications of biogas, co-digestion of manure and other biogas have been restored for 2021 and 2022. The final energy consumption of non-compliant biogas (according to RED II) was wrongly included in the total final consumption of these types of biogas. Figures of total biogas, total biomass and total renewable energy were not influenced by this and therefore not adjusted.

When will new figures be published? Provisional figures on the gross final consumption of renewable energy in broad outlines for the previous year are published each year in June. Revised provisional figures for the previous year appear each year in June.