United Kingdom Solar Power - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2031)

According to Mordor Intelligence, the United Kingdom solar power market size in terms of installed base is expected to grow from 20.85 gigawatt in 2026 to 32.5 gigawatt by 2031, at a CAGR of 9.28% during the forecast period (2026-2031).

This report is Segmented by Technology (Solar Photovoltaic and Concentrated Solar Power), Grid Type (On-Grid and Off-Grid), and End-User (Utility-Scale, Commercial and Industrial, and Residential). The Market Sizes and Forecasts are Provided in Terms of Installed Capacity (GW).

United Kingdom Solar Power Market Trends and Insights

Renewable Energy Obligation Certificates Extension Spurs Corporate PPAs

The ROC window through March 2027 underpins 10-15-year corporate PPAs, letting manufacturers and data centers hedge volatile wholesale prices while meeting disclosure mandates. Industrial demand clusters in Scotland and England absorb midday generation, lowering curtailment risks. The ROC floor de-risks early cash flows, unlocking bank finance for mid-scale developers, yet a commissioning rush is expected before the mechanism sunsets. Without larger CFD rounds, post-2027 activity could soften.

Grid-Parity Achievement in Utility-Scale Projects Accelerates Merchant Solar

Levelized costs below GBP 0.045 per kWh in 2024 let southern English projects rely on wholesale, embedded-benefit, and ancillary-service revenues. Bifacial modules and single-axis trackers enhance yields, demonstrated by GRIDSERVE's York site, which integrates 27 MW storage to capture multiple value streams. Merchant viability concentrates pipelines in high-irradiance counties, attracting institutional capital and reducing policy risk.

Land-Use Planning Constraints Challenge Expansion

Agricultural land classifications hinder solar on Grade 1-3a soils, extending approvals to 18-24 months. Projects in Somerset and North Yorkshire face rejection unless dual-use or brownfield siting is proven. Elevated remediation costs on landfills further squeeze margins, shifting developers toward Wales and Scotland.

Other drivers and restraints analyzed in the detailed report include:

1. National Grid ESO Reform Favors Distributed Participation
2. Battery-Coupled Solar Economics Enhanced by Flexible Connection Code
3. Import Dependency Risk from Xinjiang Silicon

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Solar photovoltaic technology captured 100% of the UK solar power market share in 2025 and is set to grow at a 9.3% CAGR through 2031, keeping the UK solar power market entirely PV-driven. Field tests in North Yorkshire show bifacial modules generating 15-17% more energy than monofacial references, validating rapid bifacial uptake. Half-cell and multi-busbar designs further boost low-light yields, aligning with the nation's diffuse-irradiance profile.

Module innovations dovetail with inverter trends: string inverters dominate utility arrays for cost efficiency, whereas microinverters prosper on rooftops by mitigating chimney and tree shading. Tracking remains niche, yet University of Southampton trials could quantify dual-axis value at high latitudes over 2026-2028. Collectively, these advancements reinforce the technology's lock-in across the UK solar power market.

Complete Report Scope:

• By Technology
  • Solar Photovoltaic (PV)
  • Concentrated Solar Power (CSP)
• By Grid Type
  • On-Grid
  • Off-Grid
• By End User
  • Utility-Scale
  • Commercial and Industrial (C&I)
  • Residential
• By Component (Qualitative Analysis)
  • Solar Modules/Panels
  • Inverters (String, Central, Micro)
  • Mounting and Tracking Systems
  • Balance-of-System and Electricals
  • Energy Storage and Hybrid Integration

List of Companies Covered in this Report:

1. Lightsource bp Renewable Energy Investments Ltd
2. EDF Renewables UK (Electricite de France SA)
3. Octopus Energy Generation
4. Foresight Solar Fund Ltd
5. ScottishPower Renewables (Iberdrola SA)
6. SSE Renewables
7. Statkraft UK
8. Vattenfall AB
9. BayWa r.e. UK Ltd
10. First Solar Inc.
11. JinkoSolar Holding Co. Ltd
12. Canadian Solar Inc.
13. Trina Solar Co. Ltd
14. Anesco Ltd
15. Hive Energy Ltd
16. Renewable Energy Systems Ltd
17. Ecotricity Group Ltd
18. Ameresco Inc.
19. NextEnergy Capital Group
20. Good Energy Group PLC

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support