Uncertainties in photovoltaic solar energy production can make it challenging to dispatch energy into the electricity grid. Although photovoltaic generation storage solves this problem, a forecasting of the photovoltaic solar energy produced is necessary to control the energy injected into the grid. This article aims to develop the probabilistic methodology Reduced-Rank Regression (RRR) for forecasting photovoltaic generation in the short and medium terms. The RRR methodology forecasting uses the generation data of a grid-connected photovoltaic system. The proposed RRR model is simple, easy to access and apply, and does not use irradiance data. The model developed uses the multivariate statistical analysis technique. A advantage is that with a correlation with the performance indices of photovoltaic solar energy systems, the proposed method can be applied in any geographical location on the planet and with different photovoltaic solar energy systems. The application of the RRR methodology requires two searches/inputs. The first input is weather forecast data obtained from a weather forecasting platform, and the second is actual historical data on photovoltaic generation at the site where the method was developed. The proposed method was compared with the persistence method. Using a horizon of 1–10 h, the average monthly root mean square error for the RRR ranged from 7.3 % to 50.1 %. For the persistence method, the average monthly root mean square error ranged from 15.1 % to 65.0 %. Therefore, with the horizon of 24 h, the average monthly root mean square error for the RRR ranged from 4.5 % to 43.2 %. For the persistence method, the average monthly root mean square error ranged from 11.5 % to 75.0 %. We show experimentally that our method is competitive with the state-of-the-art in terms of obtaining photovoltaic generation forecasting without using solar radiation data.