The Spanish solar market will increase by more than 2.6GW in 2020, and it is still one of the three largest solar markets in Europe. At present, the forecast for the future development of the Spanish solar market is still relatively optimistic. According to data from the European Solar Energy News, it is estimated that by 2024, Spain's total installed solar photovoltaic capacity will reach 29.0GW, becoming the second largest solar market in Europe.
In 2020, the new crown epidemic has swept the world, but the entire European Union (EU) solar photovoltaic power generation industry has shown strong resistance to pressure. EU member states installed 18.2GW of solar power capacity in 2020, an increase of 11% over the 16.2GW deployed in the previous year.
Spain’s National Energy and Climate Plan (NECP) was approved, and the target for 2030 is 74% renewable energy generation and 39.2GW of photovoltaic capacity. From the current 10GW, this means that about 2.8GW of photovoltaic capacity will be added every year in the next ten years.
With the support of strategic partners SolarPower Europe and UNEF, the Intersolar (Online) Summit in Spain on April 21-22 this year will deeply discuss the development, opportunities and risks of the Spanish solar market.
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