Ducatt had to start insolvency proceedings due to the insolvency of German solar module manufacturer SolarWorld. Around 50% of Ducatt’s revenue came from orders placed by SolarWorld, as reported by local media.
According to a scientific paper from the Université libre de Bruxelles, even a further reduction in storage prices may not be sufficient to make solar-plus-storage attractive in the Belgian market.
The Belgian French-speaking region of Wallonia could introduce a grid-fee for residential PV starting from 2019. PV systems operators fear an annual fee ranging from €330 to €560.
The Dutch power provider has acquired Belgian utility Eni Belgium and a larger share in Belgium’s power market. The company said that it will now invest in new power production in the country, especially in solar and wind.
The French energy giant has issued its second green bond to sustain its expansion into the renewable energy sector. The €1.5 billion bond will also be used to finance solar projects. Meanwhile, the company has started to target the Belgian commercial PV market.
Belgium has now over 3.4 GW of installed PV power. Most of this capacity, 2.45 GW, is located in the Flemish-speaking region of Flanders. The French-speaking region of Wallonia and the Brussels Metropolitan Region have reached 931 MW and 56 MW, respectively. In 2016, the country registered a 77% increase in new installations.
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