Solar Markets in Netherlands Promises a Bright Future

The EU’s newest market forecast for solar power indicates that the following the end of 2020 shows that these countries are on track to account for 50% of the European solar market share. On day two of our study, we are examining the EU’s second-largest market: the Netherlands. Last year, almost three gigawatts of project capacity were installed and 12 additional government-subsidized mega-wattitude projects in the pipeline.

As far as the clouds are concerned, this painting a rosy picture is fair, considering the COVID pandemic. A projection by the national organization Holland Solar anticipates indicates that an additional 3.5 GW of solar power will be installed in 2021.

Netherland’s Creative Approaches to Solar

As well as optimistic measurements on this method’s costs, the Netherlands found creative approaches to solar installations, such as installing on-the-roof and off-the-grid systems. Furthermore, due to various locations and convenient water and sand locations, there will be increased opportunities for floating solar sites to go solar.

Carports have seen an increase in demand because of recent improvements in solar technology. A good example, for one, is the Dronten festival site, which constructed a solar carport with 35MW. Nevertheless, residential solar, which accounts for nearly one gigawatt of energy each year, will remain a significant segment of the global market for the foreseeable future.

Thanks to the small installations that do not involve many people, this form of solar power and contributing to its general people-awareness of solar’s position, people gain support for places where it is currently being used. The findings on the benefits of adopting a more flexible approach in the Netherlands reveal that, for the moment, rooftops and offshore wind turbines are equally competitive.

About the primary drivers for solar energy sources in the Netherlands, the SDE tender system has historically had a stimulating impact. There were two subsidies rounds of competition from other energy sources in the first place in the year beginning of the 2020s, in which €4 billion was budgeted for solar power, and in the fall, which will be the last, there will only be one.

This round was almost the end of the solar bidding process, and as a result, 3.44 GW worth of contracts were awarded to solar.

Additionally, over the next three years, utility-scale solar power is projected to be at grid parity without incentives.

If Wood Mackenzie’s latest projections are right, which are likely to increase annual renewable power generation in the Netherlands by 2.58 GW, installed capacity will increase by 12.9 GW per year over the next five years, which equates to 2.58 GW over the year. Lastly, the results showed that the largest solar market in the EU is well-poised to gain market share in 2017 due to various factors.

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