EUPD Research: Development Of The Belgian Photovoltaic Market – Customer Demand And Component Prices Positively Affecting Installers’ Business


The PV market development over the last few years has been quite promising for Belgium. The year 2019 already confirmed the revival of the photovoltaic market. In 2020, Belgium exceeded 1 GW of newly installed PV systems.


From the perspective of the Belgian installers, different aspects are affecting their business and thereby the development of the PV market in Belgium. The Global PV InstallerMonitor 2020/2021© targets PV installers in the main European PV markets plus Australia. This year, 101 Belgian installation companies participated in the survey.


The surveyed installers state that two aspects specifically have a positive effect on their business. On the one hand, 82 percent of the installers specify that a strong customer demand is affecting their business positively; on the other hand, almost two thirds of the installers assessed that the current component prices also have a positive effect on their business.


Additionally, 72 percent and 60 percent of the participants declare that regulatory framework conditions, as well as environment- and climate debates respectively have no effect whatsoever.

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Furthermore, an increased interest in commercial and industrial PV systems also plays a role in the promising development of the Belgian PV market.

Over the last years, most of the grid-connected solar systems in the country were residential projects, with capacities no higher than 10 kWp. However, the first large-scale rooftop- as well as ground-mounted plants have already been completed. This development can also be observed in the responses of the surveyed installers.

In 2020, high volume installers (who installed more than 500 kWp) tend to install more large systems in the commercial and industrial sector than in 2019. In addition, in 2019, 13 percent of the high volume installers stated that they installed systems with 250 kWp or higher. In 2020, this share doubled to 26 percent.

The Global PV InstallerMonitor 2020/2021© for Belgium not only examines the current market situation from the installers’ perspective, but also the recurring topics of the report such as which module-, inverter- or storage brands installers carry in their portfolio, how and where they purchase their components, and to which extent they are satisfied with the brands they offer.

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