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UK Solar Capacity Nears 16GW

POWER
Homepagemarkets-real-timeBulletUKBank Of England (BOE) Market News

The UK's solar capacity reached 15.9GW at the end of May, with additions over January-May 2024 totalling 190MW, down from 330MW added over the same period last year, according to UK’s Department of Energy, cited by PV magazine.

  • The majority of the capacity installed over the first four months was small-scale PV - 4kW or less - at 84MW.
  • 4kW-10kW installations amounted to 69MW, while 37MW of 10kW-50kW solar plants were connected to the grid. No PV plants over 50kW were installed.
  • This is slightly different from last year when 98MW of PV plants of more than 50kW of capacity were connected, including 76MW of utility-scale projects of more than 25MW.
  • Contract for Difference agreements are expected to increase the UK’s solar capacity, with almost 2GW of projects tendered in the 5th auction in September 2023.
  • The 6th auction closed on 19 April 2024, with the results anticipated between June-September.
  • The UK is targeting 70GW of solar by 2035.
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The UK's solar capacity reached 15.9GW at the end of May, with additions over January-May 2024 totalling 190MW, down from 330MW added over the same period last year, according to UK’s Department of Energy, cited by PV magazine.

  • The majority of the capacity installed over the first four months was small-scale PV - 4kW or less - at 84MW.
  • 4kW-10kW installations amounted to 69MW, while 37MW of 10kW-50kW solar plants were connected to the grid. No PV plants over 50kW were installed.
  • This is slightly different from last year when 98MW of PV plants of more than 50kW of capacity were connected, including 76MW of utility-scale projects of more than 25MW.
  • Contract for Difference agreements are expected to increase the UK’s solar capacity, with almost 2GW of projects tendered in the 5th auction in September 2023.
  • The 6th auction closed on 19 April 2024, with the results anticipated between June-September.
  • The UK is targeting 70GW of solar by 2035.