At the end of 2017, Finland's photovoltaic installed capacity exceeded 80 MW, an increase of more than 100%

According to Finland's National PV Survey, Finland's solar growth last year recorded its best year on record, as the country's cumulative PV installed capacity increased by more than 100%
from 37.
4 MW at the end of 2016 to 80.
4 MW at the end of December 2017.
Of this, 69.
8 MW came from grid-connected facilities and the remaining 10.
6 MW from off-grid systems
.

Residential systems account for about 30% of capacity, while the commercial and industrial sectors each account for 35%.

The rest comes from Finland's only MW-scale solar park, a 3.
6 MW solar power plant
built by Nurmon Aurinko Oy near the city of Nurmo.

The report shows that the average price of standard crystalline silicon modules fell from 0.
55 euros/watt in 2016 to 0.
45 euros/watt last year, almost halving
the average price of 0.
85 euros/watt in 2014.

The average price of residential turnkey PV systems (up to 10 kW) also fell from 2 euros/watt to 1.
3 euros/watt in 2016 to between
1.
8 euros/watt and 1.
2 euros/watt last year.
At the same time, commercial and industrial projects fell from €1.
35/W to €0.
95/W in 2016 to between
€1.
15/W and €0.
85/W in 2017.

The report highlights that Finland currently has no official solar deployment targets
.
However, the country does have several policies to encourage solar energy production for self-consumption
.
The Department of Economic Affairs and Employment offers a 25% discount on the purchase and installation of rooftop solar users, businesses and communities
.
Agricultural enterprises can also apply to the Rural Affairs Bureau for a 40 per cent investment subsidy
for renewable energy production.
In addition, individuals who install rooftop arrays can take advantage of tax credits
.

Looking ahead, the report argues that Finland's installed solar capacity is also expected to double in 2018
.