Solar PV market in the Netherlands
Solar PV market in the Netherlands
While some work has had to be interrupted in certain cases due to the COVID-19 pandemic, the European solar market is expected to achieve double-digit growth of 11% in 2020 despite the impact of COVID-19, according to Solarpowereurope's eu solar power market outlook 2020-2024.
The Netherlands, in particular, has maintained a robust growth momentum in the face of adversity, becoming the second largest market in the EU in 2020 with nearly 3.5GW of installations. By the end of this year, the Dutch housing industry and total market size had crossed the mythical boundary.
Currently, more than 1 million households in the Netherlands have installed pv systems, with a total cumulative capacity of 10.7 GW.
During the lockdown, homeowners peering out of their attic Windows decided to invest in solar photovoltaic power. A third of new installations in the Netherlands are for residential photovoltoics, a segment that has greatly increased everyday awareness of energy conversion and made room for solar installations.
The residential sector alone added 1.1GW of capacity, according to third-party data. At the same time, the commercial sector was supported by policy waivers to meet the subsidy period for the current year. Despite challenging project implementation conditions, 2.4GW of new capacity was installed in the commercial sector.
The main driving force for Dutch solar is the SDE + bidding scheme incentive. As a market segment beyond multiple GW, how is the specific situation of the Netherlands? Let's take a look at the following sets of data (all from DST Report) for reference only.
Looking ahead, the Netherlands is expected to add 12.9GW of PV over the next five years, equivalent to an average of 2.58GW installed annually, according to Wood Mackenzie. Based on current developments, this is clearly a conservative forecast. (News from PV-Tech)
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