While the Spanish market nearly tripled from 55 MW in 2016 to 135 MW in 2017, the big jump will take place in 2018-19, when the 3.9 GW of capacity will be built that was awarded in a recent tender.
- Spain’s PV market saw the addition of 135 MW of PV capacity in 2017
- That’s a growth of 145% compared to the 55 MW installed in 2016
- Most of this capacity was installed at onsite consumption facilities connected to the grid, and independent systems for rural electrification and agricultural use
- The market is expected to grow in 2018 and 2019 as by the end of 2019, the recently auctioned 3.9 GW of PV capacity needs to come online
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The Spanish PV installation market grew by 135 MW in 2017, equaling an increase of 145% over the previous year’s installed capacity of 55 MW. The year before that, growth came in at just 49 MW.
According to statistics shared by Spanish PV association Union Espanola Fotovoltaica (UNEF), most of this new capacity addition came in the form of onsite consumption facilities connected to the grid, and independent systems for rural electrification and agricultural use.
Agriculture, wineries, agri-food distribution, hotels, and other companies have been increasingly choosing to go solar in Spain, realizing its competitiveness and savings in terms of electricity supply.
Spurring this development are the reduced costs for PV that have come down by over 70% between 2010 and 2017.
Yet compared to other European nations, Spain’s PV solar additions are rather meager. Even though it missed its target, Germany added 1.75 GW of new PV capacity in 2017 (see Germany’s 1.75 GW Of PV In 2017 Misses Target). While Germany has a much bigger population than Spain, even much smaller countries added more PV than Spain: Belgium added 264 MW, while the Netherlands installed 853 MW of PV last year (see Netherlands Installed 853 MW PV In 2017).
However, the Spanish PV market will grow in 2018, and much more in 2019. In the renewable energy auctions conducted by the government, PV has won close to 4 GW. After winning just 1 MW in the first renewables auction, PV struck back in the second auction, winning 3,909 MW (see PV Wins Close To 4 GW In Spanish Auctions). All of this capacity needs to come online by the end of 2019, which will turn Spain into of the largest markets in Europe next year.