Solar Energy Greece Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Greece Solar Energy Market Size & Share and It is Segmented by Development (Ground-Mounted and Rooftop Solar). The Report Offers the Market Size and Forecasts in Terms of Installed Capacity for the Above Segment.

Solar Energy Greece Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Market Snapshot

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Greece Solar Energy Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Volume (2025) 6.77 gigawatt
Market Volume (2030) 11.50 gigawatt
CAGR 11.17 %
Market Concentration Medium

Major Players

Greece Solar Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Greece Solar Energy Market Analysis

The Greece Solar Energy Market size in terms of installed base is expected to grow from 6.77 gigawatt in 2025 to 11.50 gigawatt by 2030, at a CAGR of 11.17% during the forecast period (2025-2030).

  • Over the medium term, the market is likely to be driven by factors like growing demand for solar photovoltaic installations, growing investments in ongoing and upcoming solar energy projects, and the government's efforts to reduce the use of fossil fuels to make electricity.
  • On the other hand, increasing wind energy installations to provide renewable electricity in the country is expected to restrain the Greece solar energy market.
  • Nevertheless, as per the European Union's National Energy and Climate Plan (NECP), by 2030, Greece's electricity mix will likely surpass 61% renewable sources. This factor will create several opportunities for the Greece solar energy market.

Greece Solar Energy Industry Overview

The Greece solar energy market is semi-consolidated. Some of the major players (in no particular order) include JinkoSolar Holding Co. Ltd., Juwi Holding AG, Meeco AG, MECASOLAR, and Hellenic Petroleum Renewable Energy Sources SA.

Greece Solar Energy Market Leaders

  1. Hellenic Petroleum Renewable Energy Sources S.A.

  2. meeco AG

  3. Juwi Holding AG

  4. MECASOLAR

  5. JinkoSolar Holding Co., Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Greece Solar Energy Market Concentration
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Greece Solar Energy Market News

  • In December 2023, the "GR-Eco Islands" initiative, which aims to develop 7 MW of solar power on Poros Island, was approved by Masdar and the Greek government. To encourage residents and tourists to adopt electric transportation, the project will include chargers for electric cars and boats.
  • In May 2023, Greece Introduced a USD 261 Million Solar Rooftop Incentive. The 10.8 kW threshold is eligible for subsidy. The farmers can receive between 40% and 60% for the solar system, while the subsidies range from 45% to 75% for the other. Furthermore, the maximum subsidy for a solar panel system with a battery is EUR 16,000 (approximately USD 17,519) for households and EUR 10,000 for farmers.
  • In November 2022, Iberdrola announced the commencement of the Askio III wind farm in Macedonia, Greece. With an installed energy capacity of 50 MW, the farm will be able to provide enough clean, cheap, and locally-made energy to meet the needs of more than 54,000 homes every year.

Greece Solar Energy Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Solar Energy Installed Capacity and Forecast, till 2029
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Demand for Solar Photovoltaic Installations
    • 4.5.1.2 Growing Investments
    • 4.5.2 Restraints
    • 4.5.2.1 Increasing Wind Energy Installations
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION - BY DEVELOPMENT

  • 5.1 Ground-mounted
  • 5.2 Rooftop Solar

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 JinkoSolar Holding Co. Ltd.
    • 6.3.2 Juwi Holding AG
    • 6.3.3 meeco AG
    • 6.3.4 ASTRASUN Solar Kft.
    • 6.3.5 Hellenic Petroleum Renewable Energy Sources SA
    • 6.3.6 MECASOLAR
    • 6.3.7 Zhejiang Supcon Solar Technology Co. Ltd.
    • 6.3.8 National Energy Holdings Ltd.
  • *List Not Exhaustive
  • 6.4 Market Ranking/Share (%) Analysis

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Ambitious Renewable Energy Targets
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Greece Solar Energy Industry Segmentation

A solar energy plant converts solar energy into thermal or electrical energy. Solar energy is one of the cleanest and most abundant renewable energy sources. It offers several applications, including generating electricity, providing light or a comfortable interior environment, and heating water for domestic, commercial, or industrial purposes.

The Greece solar energy market is segmented by development. By development, the market is segmented into ground-mounted and rooftop solar. For each segment, market sizing and forecasts are calculated based on installed capacity.

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Greece Solar Energy Market Research FAQs

How big is the Greece Solar Energy Market?

The Greece Solar Energy Market size is expected to reach 6.77 gigawatt in 2025 and grow at a CAGR of 11.17% to reach 11.50 gigawatt by 2030.

What is the current Greece Solar Energy Market size?

In 2025, the Greece Solar Energy Market size is expected to reach 6.77 gigawatt.

Who are the key players in Greece Solar Energy Market?

Hellenic Petroleum Renewable Energy Sources S.A., meeco AG, Juwi Holding AG, MECASOLAR and JinkoSolar Holding Co., Ltd. are the major companies operating in the Greece Solar Energy Market.

What years does this Greece Solar Energy Market cover, and what was the market size in 2024?

In 2024, the Greece Solar Energy Market size was estimated at 6.01 gigawatt. The report covers the Greece Solar Energy Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Greece Solar Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Solar Energy Greece Industry Report

Statistics for the 2025 Greece Solar Energy market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Greece Solar Energy analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.