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Home - Policy - Solar will be Spain’s top source in 2024 – PV Magazine International
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Solar will be Spain’s top source in 2024 – PV Magazine International

solarenergyBy solarenergyMarch 26, 2025No Comments2 Mins Read
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The Solar PV capacity of Spain reached 6 GW in 2024, making it the best power source in the country with a share of 25.1%, so that the wind surpassed by 24.9%. The renewable generation grew by 10.3%, accounting for 56.8% of the total electricity production.

March 26, 2025
Pilar Sánchez Molina

By PV Magazine Spain

Spain generated 148,999 GWH of renewable energy in 2024, good for 56.8% of total electricity production, according to grid operator Red Eléctrica de España (REE).

The growth of the installed renewable capacity and favorable weather conditions caused an increase of 35.5% in the hydropower issue compared to 2023, while the Solar PV generation rose by 18.9%, which established a record for the sixth consecutive year.

Wind power was good for 23.2%of the total electricity generation, followed by nuclear at 20%, solar energy in 17%, combined cycle with 13.6%and hydropower at 13.3%. Other technologies were the rest.

The Spain’s electricity system added 7.3 GW renewable capacity in 2024, including approximately 6 GW new PV. This made solar energy the largest power source in the country, with a share of 25.1%, followed by wind at 24.9%, which grew by 1.3 GW.

From December 31, 2024, the total installed capacity of Spain reached 129 GW, with renewable energy sources that include 66%. The demand for electricity increased by 1.4% compared to the previous year, powered by economic activity and temperature fluctuations.

For the first time, Red Eléctrica contained data on energy storage, such as batteries and pumped Hydro. The installed storage capacity of Spain is now at 3,356 MW.

See also  Innova Signs 40-year-old PPA for solar projects in Wales-PV Magazine International

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