Belgium's solar photovoltaic gross electricity production has seen significant growth from 2013 to 2023, reaching a value of 6.73 thousand gigawatt-hours in 2023. The year-on-year growth varied, with notable increases in 2018 (18%), 2020 (20.22%), and 2022 (10.06%). The compounded average growth rate (CAGR) over the last five years stands at 11.51%. Forecasts from 2024 to 2028 indicate a CAGR of 5.22%, suggesting continued but slower growth, culminating in a projected production of 9.38 thousand gigawatt-hours by 2028.
Future trends to watch include advancements in photovoltaic technology, policy changes promoting renewable energy, and investment in infrastructure. These factors could drive higher efficiency and increased adoption, further boosting Belgium's solar electricity output.
