Solar Energy in Portugal Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Portugal Solar Energy Market Size and it is Segmented by End-User (residential, commercial, and industrial (C&I)). The report offers the market size and forecasts for solar energy in capacity (MW) for all the above segments.

Solar Energy in Portugal Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Portugal Solar Energy Market Size

View Global Report
Portugal Solar Energy Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 6.50 %
Market Concentration Medium

Major Players

Portugal Solar Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Portugal Solar Energy Market with other markets in Energy & Power Industry

Oil and Gas

Power

Battery

Decommissioning

Emerging Energy Technologies

Energy Storage Technology

Portugal Solar Energy Market Analysis

The Portugal Solar Energy Market is expected to register a CAGR of greater than 6.5% during the forecast period.

  • Over the medium term, the primary drivers of the market include rising energy demand, efforts to reduce the reliance on fossil fuel-based power generation, and the declining cost of solar PV and associated systems. Other factors, such as rising investments in solar farms and supportive government policies, are also likely to drive the solar energy market in Portugal during the forecast period.
  • On the other hand, the increasing adoption of alternate clean energy sources like wind is likely to restrain the market's growth during the forecast period.
  • Nevertheless, the termination of two coal-fired power plants in Portugal in 2021 provided investment opportunities for solar energy operators. The shift toward adopting renewable energy, especially solar energy, is expected to create immense opportunities for the market.

Portugal Solar Energy Industry Overview

Portugal's solar energy market is moderately consolidated. The key players in the market market (in no particular order) include Voltalia SA, Iberdrola SA, SGS SA, Acciona SA, and Gesto Energia SA., among others.

Portugal Solar Energy Market Leaders

  1. SGS SA

  2. Voltalia SA

  3. Acciona SA

  4. Gesto Energia SA

  5. Iberdrola SA

  6. *Disclaimer: Major Players sorted in no particular order
Portugal Solar Energy Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Portugal Solar Energy Market News

  • February 2023: Copenhagen Infrastructure Partners (CIP) intends to invest EUR 8 billion in a giant offshore wind project in Portugal. It is anticipated that the wind project will have a capacity of 2 GW and will be located off the coast of the Atlantic Ocean.
  • January 2023: The Portugal government announced the launch of its first offshore wind power auction by the last quarter of 2023, aiming to reach 10 GW of installed capacity by 2023.

Portugal Solar Energy Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Solar Energy Installed Capacity and Forecast in MW, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION - BY END USER

  • 5.1 Residential
  • 5.2 Commercial and Industrial (C&I)

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Voltalia SA
    • 6.3.2 Iberdrola SA
    • 6.3.3 SGS SA
    • 6.3.4 Acciona SA
    • 6.3.5 Gesto Energia SA
    • 6.3.6 Eurowind Energy AS
    • 6.3.7 R.Power S.A
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Portugal Solar Energy Industry Segmentation

Solar energy refers to the energy that is generated by harnessing the power of the sun. This type of energy is renewable and clean, and it has the potential to be a significant source of power for homes, businesses, and entire communities. Solar energy can be captured using solar panels, which are made up of photovoltaic (PV) cells that convert sunlight into electricity.

The Portuguese solar energy market is segmented by end-user. By end-user, the market is segmented into residential, commercial, and industrial (C&I). For each segment, the market sizing and forecasts have been done based on megawatts (MW).

Need A Different Region or Segment?
Customize Now

Portugal Solar Energy Market Research FAQs

What is the current Portugal Solar Energy Market size?

The Portugal Solar Energy Market is projected to register a CAGR of greater than 6.5% during the forecast period (2025-2030)

Who are the key players in Portugal Solar Energy Market?

SGS SA, Voltalia SA, Acciona SA, Gesto Energia SA and Iberdrola SA are the major companies operating in the Portugal Solar Energy Market.

What years does this Portugal Solar Energy Market cover?

The report covers the Portugal Solar Energy Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Portugal Solar Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Solar Energy in Portugal Industry Report

Statistics for the 2025 Portugal Solar Energy market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Portugal Solar Energy analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.