Top 10 Solar Developers in Spain

Spain is a leading force in Europe’s solar energy expansion, with over 26 GW of installed PV capacity as of 2024 and a target of 76 GW by 2030 under its NECP. Backed by strong solar irradiance, evolving regulation, and growing institutional interest, Spain offers a dynamic landscape for utility-scale development. As a result, it has become a prime destination for large-scale renewable energy investment and a key contributor to the global energy transition.

This expansion has drawn a wide range of solar developers, from international IPPs to domestic independents, all of which are competing for market share in Spain’s increasingly competitive project pipeline. The market leaders in this space are defined by factors including the bankability of offtake agreements, permitting agility, and access to grid capacity. For investors, advisers, and acquirers navigating this ecosystem, a thorough understanding of the key players and their positioning is essential for identifying quality deal flow and partnership opportunities.

This article provides a data-driven summary of Spain’s top 10 solar developers based on market presence and ongoing project activity. Given the dynamic nature of one of Europe’s most active renewable energy sectors, this list offers valuable insight into who is driving the Spanish solar industry.

Finding solar projects can be difficult. There is fierce competition to establish investment relationships with developers, so for investors, identifying promising new market entrants early and securing relationships with them, is key.

Using a renewable energy asset marketplace like PF Nexus provides a more efficient and transparent way of identifying and securing collaborations between solar developers and investors. PF Nexus is used by over 6,300 professionals from >3,000 developers, investors, and lenders, constantly on the lookout for 'the right' renewable energy investment opportunities for them.

How does it work? Simply register your account and access the platform’s live projects marketplace to search for opportunities which fit your requirements. PF Nexus allows you to filter opportunities and set up automatic alerts, so you never miss a deal. This streamlines the process, eliminating manual outreach and ensuring you are connected with the most promising deal flow.

To gain a competitive advantage for your renewable energy portfolio, get started with PF Nexus right now (takes 3 minutes).