According to the latest data from the Danish Energy Agency, as of the end of March 2023, the cumulative installed solar capacity in Denmark reached 3,251 MW, distributed in 131,979 photovoltaic systems.

Self-consumption PV installations built without subsidies accounted for 1.72 GW, while solar arrays under PPAs accounted for 336 MW. In addition, projects selected in the public tender contributed 248 MW, while photovoltaic systems installed under the expired incentive scheme accounted for 938 MW.

The agency recorded 236 MW of new PV capacity in the first quarter of this year and said in a statement that developers will connect more PV installations to the grid in the first three months of 2023 than in all of 2021. The agency also said that Denmark will install more than 1 GW of photovoltaic systems between March 2022 and March 2023.

Large corporations are increasingly prioritizing clean electricity from solar energy, resulting in an increasing market share of unsubsidized large-scale PV projects. Despite potentially lower economic margins compared to wind power, these PV installations continue to gain traction in the market, driven by the desire for sustainable energy solutions. According to a recent report by Rystad Energy, Denmark is expected to lead Scandinavia in solar development, reaching 9 GW of photovoltaic capacity by 2030. Denmark will also lead in the use of green hydrogen, accounting for 12% of the European market, Rystad Energy said.