Image: Jadon Kelly, Unsplash
The area of Flanders, Belgium, put in 230 MW of recent photo voltaic between January and May this 12 months, in accordance with information from the Flemish Energy and Climate Agency.
The figures counsel a slower improve in photo voltaic deployment in Flanders in 2024. In 2023, a complete of 1,147 MW had been put in throughout the area, marking a document for a calendar 12 months for the world. By 2022, a complete of 666 MW has been deployed.
Wannes Demarcke, a coverage analyst for ODE Vlaanderen, mentioned pv journal that the numbers till the tip of May should not but full, as a result of there’s “a continuing delay earlier than the installations are added to the web site.” However, he added that the numbers will stay decrease in comparison with the primary months of final 12 months.
He attributed the drop to a European-wide market decline pushed by decrease costs, in addition to the expiration of an funding subsidy that supplied as much as €750 ($818) for these photo voltaic set up. The subsidy and the VAT discount of 6% (down from 21%) on buildings lower than 10 years previous ended on the finish of final 12 months. Demarcke additionally famous a battery subsidy that will probably be accessible within the first quarter of 2023 in Flanders, prompting a surge in installations throughout that interval.
“Changes within the subsidy regime typically trigger superior gross sales and declines as a result of folks have to regulate to the brand new mannequin,” mentioned Demarcke.
Flanders has the most important regional share of put in photo voltaic capability in Belgium. The nation’s cumulative put in photo voltaic capability exceeded 10 GW on the finish of final 12 months, after including 1.8 GW in 2023.
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