/LONDON, September 5, 2023, 9:00 BST, RENEWABLE MARKET WATCHTM/ The growth of the European solar power market in 2022 has exceeded all expectations. The cumulative installed solar photovoltaic (PV) capacity in Europe reached 244.3GW at the end of 2022, which is an almost 23 per cent increase compared to 198.8GW at the end of 2021, according to the recently published study Europe Solar Photovoltaic (PV) Power Market Outlook 2023 ÷ 2032. Germany was the largest market in 2022, adding 7.9 GW of new capacity, followed by Spain (7.5 GW), Poland (4.9 GW), Netherlands (4 GW), and France (2.7 GW). In the EU-27 member states, the solar PV market scored an impressive increase in annual installed capacity by 47 per cent in 2022, from 28.1 GW in 2021 to 41.4 GW in 2022. Amarenco, Axpo, BayWa r.e., EDPR, Enel Green Power, ENGIE, Hanhwa Q-Cells, Huawei, Iberdrola, First Solar, Jinko, Lightsource bp, LONGi Solar, RWE, SMA and Total Eren, are among the key players in the market.