Spain Solar Photovoltaic (PV) Market Analysis by Size, Installed Capacity, Power Generation, Regulations, Key Players and Forecast to 2035
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Spain Solar Photovoltaic (PV) Market Overview
The cumulative installed capacity for solar PV in Spain was 29.97MW in 2022 and will achieve a CAGR of more than 15% during 2022-2035. In 2022, asset transactions deal type closed the majority of deals in Spain’s solar photovoltaic market.
Spain Solar PV Market Outlook, 2022-2035
Buy the Full Report for More Insights into Spain’s Solar PV Market Forecast
The report discusses the cumulative installed capacity, annual capacity addition, and annual generation of all renewable sources until 2035. The report also gives detailed coverage of the major active and upcoming solar PV plants and renewable energy policy framework governing the Spain solar PV market.
Cumulative Installed Capacity (2022) | 29.97MW |
CAGR (2022-2035) | >15% |
Historical Period | 2010-2021 |
Forecast Period | 2022-2035 |
Key Regulations | · Law 24/2013 of the Electricity Sector
· Law 23/2020 |
Key Companies | · X-ELIO Energy SL
· Isofoton SA · Grenergy Renovables SL · EDP Renovaveis SA · Eolia Renovables de Inversiones SCR SA |
Key Deal Types | · Asset Transactions
· Acquisition · Partnerships · Debt Offering · Private Equity |
Key Active Plants | · Trillo Solar PV Park
· Francisco Pizarro Solar PV Park · Nunez de Balboa Solar PV Park · Mula Solar Farm · Ceclavin Solar PV Park |
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Spain Energy Policy Framework
- Renewables in Spain are regulated under the common framework for the generation and promotion of renewable energy established by the European Union majorly under Directive 2009/28/EC.
- The Feed-in Tariff (FiT) scheme was introduced in 2007 under the Royal Decree 661/2007 and was later suspended in 2012. In 2014, a premium was introduced by the government to help renewables compete with conventional technologies.
- The Spanish government aims to provide transparency in incentive allocations through competitive bidding and aims to increase solar and wind power capacity in the country whilst gradually phasing out nuclear and coal fired plants.
Buy the Full Report For More Information on the Spanish Renewable Energy Policy Framework
Spain Solar PV Market – Competitive Landscape
The leading companies in the Spain solar PV market are X-ELIO Energy SL, Isofoton SA, Grenergy Renovables SL, EDP Renovaveis SA, and Eolia Renovables de Inversiones SCR SA.
EDP Renovaveis SA (EDPR): It, a subsidiary of Energias de Portugal SA, is a renewable energy company. It develops, builds, and operates wind farms and solar plants. The company also offers a wide range of services in the project lifecycle, including site identification, renewable resource analysis, obtainment of the permit, design layout, contract, funding, construction, commencement of operation, delivery of energy, maintenance service, data analysis, and dismantling.
Spain Solar PV Market Analysis by Companies, 2022
Spain Solar PV Market - Major Active Plants
Trillo Solar PV Park led the solar PV market in Spain in terms of total capacity contribution in 2023.
Spain Solar PV Market Analysis by Active Plants, 2023 (%)
Spain Solar PV Market Segmentation by Deal Types
In 2022, the solar photovoltaic market in Spain recorded the highest number of deals in asset, followed by acquisition.
Spain Solar PV Market Analysis by Deal Types, 2022 (%)
Segments Covered in The Report
Spain Solar PV Market Deal Types Outlook (Cumulative Installed Capacity, MW, 2010-2035)
- Asset Transactions
- Acquisition
- Partnerships
- Debt Offering
- Private Equity
Scope
The report analyses Spain’s solar photovoltaic (PV) market. The scope of the research includes –
- A brief introduction to global carbon emissions and global primary energy consumption.
- An overview of the country’s renewable power market, highlighting installed capacity trends (2010-2035), generation trends (2010-2035), and installed capacity split by various renewable power sources.
- Detailed overview of the country’s solar PV market with installed capacity and generation trends, and major active and upcoming solar PV projects.
- Deal analysis of the country’s solar PV market.
- Key policies and regulatory framework supporting the development of solar PV.
- Snapshots of some of the major market participants in the country.
Reasons to Buy
- Enhance your decision-making capability in a more rapid and time-sensitive manner.
- Identify key growth and investment opportunities in the country’s solar PV market.
- Facilitate decision-making based on strong historical and forecast data for the solar PV market.
- Position yourself to gain the maximum advantage of the industry’s growth potential.
- Develop strategies based on the latest regulatory events.
- Identify key partners and business development avenues.
- Understand and respond to your competitors’ business structure, strategy, and prospects.
Isofoton SA
Grenergy Renovables SL
Eolia Renovables de Inversiones SCR SA
EDP Renovaveis SA
Table of Contents
Table
Figures
Frequently asked questions
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What was the Spain solar photovoltaic market cumulative installed capacity in 2022?
The cumulative installed capacity for solar PV in Spain was 29.97MW in 2022.
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What will the Spain solar photovoltaic market growth rate be during the forecast period?
The Spain solar PV market is expected to achieve a CAGR of more than 15% during 2022-2035.
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Which are the major active plants in the Spain solar photovoltaic market?
Some of the major active plants in the Spain solar photovoltaic market are Trillo Solar PV Park, Francisco Pizarro Solar PV Park, Nunez de Balboa Solar PV Park, Mula Solar Farm, and Ceclavin Solar PV Park among others.
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Who are the key companies in the Spain solar photovoltaic market?
Some of the major active plants in the Spain solar photovoltaic market are X-ELIO Energy SL, Isofoton SA, Grenergy Renovables SL, EDP Renovaveis SA, and Eolia Renovables de Inversiones SCR SA.
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