Try our business solution for free!

Solar photovoltaic industry in Italy - statistics and facts

Italy is one of the leading solar electricity consuming countries in the world. It is also among the largest markets for solar energy capacity additions. In the European Union, the Italian PV sector is second only to Germany. Photovoltaics represent one of the renewable energy sources the country relies the most on. Italy registered a ten-fold increase in the number of photovoltaic systems during the last decade, reaching over one million in 2021. Regionally, Apulia and Lombardy are the regions contributing the most to the sector’s growth. Together they account for roughly 30 percent of the installed capacity in the country.

Price of solar PV systems in Italy

As the sector expanded, the number of companies operating along the photovoltaic chain increased and the installation price of solar photovoltaic systems fell accordingly all over the world. This trend was also visible in Italy, where the price of residential, commercial, and ground-mounted PV systems decreased considerably, with the most significant decrease seen between 2011 and 2013. The price of photovoltaic modules dropped as well, from an average of 2.5 euros per watt in 2009 to only 0.3 euros per watt in 2020. Although this scenario made PV systems more affordable, roughly 70 percent of Italians consider the conversion to solar energy too expensive. Nonetheless, they prioritize PV installations among other home efficiency improvements.

Economic impact of Italy’s PV sector

Against this background, it is interesting to observe also the economic outcomes that the development of the photovoltaic sector brought. Several KPIs, such as primary market value, investments, and value-added reveal that photovoltaics are a cornerstone of the Italian energy strategy. Undoubtedly, PV technology has great potential in terms of economic and environmental impact. Solar power is deemed as the energy source of the future by Italian people and their energy choices are certainly decisive. However, consumer behavior is affected by external factors too. In this case, governmental institutions play a crucial role in their decisions about incentives and simplified procedures to foster the usage of solar energy.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Statista Research Department, Aug 2, 2022

Key insights

Number of photovoltaic systems in Italy
1.02m
Number of photovoltaic systems in the residential sector
812,610
Cumulative installed capacity of photovoltaic systems
20.85 GW
Get more insights

Editor’s Picks Current statistics on this topic

Number of photovoltaic systems in Italy from 2010 to 2021

Renewable Energy

Number of photovoltaic systems in Italy 2010-2021

Number of photovoltaic systems in Italy from 2017 to 2021, by sector

Renewable Energy

Number of photovoltaic systems in Italy 2017-2021, by sector

Value of investments in renewable technologies in Italy in 2021, by type (in million euros)

Renewable Energy

Value of investments in renewable technologies in Italy 2021, by type

Related topics

Recommended

5

Recommended statistics

Overview

7

Overview

Capacity and production

6

Capacity and production

Industry data

5

Industry data

Prices and costs

5

Prices and costs

Reports & StudiesGet the best reports to understand your industry

Solar energy industry worldwide
Solar energy industry worldwide
Solar power in the UK
Solar power in the UK
Solar PV in Europe
Solar PV in Europe
Solar PV in France
Solar PV in France
Solar PV in Spain
Solar PV in Spain

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Vayola Jocelyn
Vayola Jocelyn
Client Support Specialist– Contact (United States)
Email
support@statista.com

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)
Email
asia.support@statista.com

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)
Email
support.japan@statista.com

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)
Email
eu.support@statista.com

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Associate Director - LAC– Contact (Latin America)
Email
support@statista.com

Mon - Fri, 9am - 6pm (EST)

Menu