According to the latest data from the Danish Energy Agency, as of the end of March 2023, the cumulative installed capacity of solar energy in Denmark has reached 3251 MW, distributed in 131979 photovoltaic systems.
The self use photovoltaic devices built without subsidies account for 1.72 GW, while the solar array under the power purchase agreement is 336 MW. In addition, the projects selected in the public bidding contributed 248 MW, while the photovoltaic systems installed under expired incentive plans accounted for 938 MW.
The institution recorded a new photovoltaic capacity of 236 MW in the first quarter of this year, and stated in a statement that the developer had more photovoltaic power generation equipment connected to the grid in the first three months of 2023 than in the entire year of 2021. The agency also stated that Denmark installed over 1 GW of photovoltaic systems from March 2022 to March 2023.
The agency said, "This growth mainly comes from large power plants without subsidies
Large enterprises are increasingly prioritizing clean electricity from solar energy, leading to an increasing market share for non subsidized large-scale photovoltaic projects. Although these photovoltaic facilities may have lower economic profit margins compared to wind power, they continue to gain traction in the market driven by a desire for sustainable energy solutions. According to a recent report by Rystad Energy, Denmark is expected to lead the development of solar energy in the Scandinavian Peninsula, reaching 9 GW of photovoltaic power generation by 2030. Rystad Energy stated that Denmark will also lead the use of green hydrogen, accounting for 12% of the European market.
