Featured in Fault lines – 11-2025

Final thought: Navigating growth amid structural challenges

Spain’s solar industry stands at a critical juncture. After years of remarkable expansion, the sector faces a complex landscape, where past successes have paradoxically created new obstacles that demand urgent solutions.

By

Mark Hutchins

03 Nov 2025

The numbers tell a story of consolidation. Spain installed 7.2 GW of net capacity in 2024, cementing its position as Europe’s second-largest market. Solar represents 20% of Spain’s generation, matching wind, and has become the leading source of electricity. Yet maturity brings hard truths. The most pressing challenge is dysfunctional pricing. We face a fundamental …

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