October 2025
IEA PVPS Task 1 has released the National Survey Report of PV Power Applications in Sweden 2024.
According to the report, 41 395 new PV systems were connected to the Swedish electricity grid in 2024, adding a total installed capacity of 847.5 MW. This represents a 47% decrease compared to the record-setting 1 586.0 MW installed in 2023. Nevertheless, 2024 still marks the second-highest year for installed capacity to date, exceeding 2022 by 6% (796.7 MW).
The residential market saw a sharp decline during the year. A total of 36 517 new systems under 20 kW were installed in 2024 – 62% fewer than in 2023 – contributing 389.3 MW of capacity compared to 1 053.6 MW in 2023. The mid-sized segment (20 kW–1 000 kW) installed 329.0 MW (–21% compared to 2023), while large-scale systems above 1 MW added 129.2 MW, an 11% increase compared to 2023.
The total grid-connected PV capacity at the end of 2024 was 4 808.4 MW, of which 368.1 MW was centralised PV and 4 440.3 MW distributed PV. Adding an estimated 22.3 MW of off-grid systems, Sweden reached a total of 4 830.7 MW of installed PV capacity by the end of 2024. PV electricity generation, including self-consumed PV electricity, was estimated at 4 087 GWh, representing 2.4% of total electricity consumption.
At the end of 2024, 293 019 grid-connected PV systems were in operation in Sweden. The average PV system size was approximately 16.4 kW, illustrating that the market continues to be dominated by small, distributed installations.
System prices decreased in 2024. According to the report, turnkey system prices averaged 14.7 SEK/W for small residential systems (5–10 kW), 12.1 SEK/W for small commercial systems (10–100 kW), 9.4 SEK/W for large commercial systems (100–250 kW), and 7.0 SEK/W for small ground-mounted centralised systems (1–20 MW).
Public opinion towards PV technology in Sweden remains strongly positive. A bi-annual survey conducted by the SOM Institute found that 66% of respondents supported increased investments in PV technology, making it the most favoured electricity generation technology.
Sweden does not have an official target for PV installations. The tax reduction for green technology, introduced in 2021, provides a 20% deduction for PV installations. In 2024, 48 115 buyers received this deduction, corresponding to 812.7 million SEK. The Swedish government plans to reduce the deduction from 20% to 15% effective July 1, 2025.
