The aim of this paper is to show the current status of photovoltaic technology and the outlook for the coming years in Spain. In this way, first it gives an account of the cumulative photovoltaic power installed, the number of installations and its distribution data. Afterwards it analyses the photovoltaic implementation by assessing the significance of major projects, such as demonstration projects and photovoltaic solar farms (which use conventional and concentration photovoltaic panels). Likewise it draws attention to photovoltaic research and development activities carried out nowadays. In addition it touches on issues such as photovoltaic industry (solar silicon, cells and modules companies), new initiatives and measures of support (focusing on feed-in tariff system). Finally it lays emphasis on prospects for the coming years.