In 2023, the gross available energy from solar photovoltaic in Spain stood at a certain value. Based on this data, Spain is projected to see a steady increase in solar photovoltaic energy production from 145.28 thousand terajoules in 2024 to 230.72 thousand terajoules in 2028. Specifically, there is a year-on-year growth of 14.93% in 2025, 12.84% in 2026, 11.29% in 2027, and 10.03% in 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected to be approximately 12.52%.
Future trends to watch for include technological advancements in solar panel efficiency, government policies supporting renewable energy, and potential fluctuations in market demand and investment in sustainable energy infrastructure.
