We are happy to launch the new Lebanese Solar Water Heater Market Study, Update 2017 - 2020. The report presents the status of the SWH market during the period between 2010 and 2020, and it analyses the reasons for the drastic decrease in installations between 2017 and 2020.
The global market for Solar Water Heaters (SWH) started to recover in 2017 and 2018 after a steady decline between 2014 and 2017 as reported in the IEA SHC Solar Heat Worldwide report.
Globally, the SWH market saw a 16 per cent decline in 2019 with a trend for a slight recovery in 2020. In parallel, 2017 witnessed developments in the market of photovoltaic thermal (PVT) collectors. This market, still inexistent in Lebanon, experienced a steady global growth between 2018 and 2020 as reported in the IEA SHC Solar Heat Worldwide report. The SWH market in Lebanon was heavily affected by global and national circumstances, as it witnessed a drastic decrease in the number of installed projects between 2017 and 2020.
When checking the number of installed SWH units, it was found that around 11,655 systems were installed in 2017. A slight decrease was noticed in 2018 where the number of units reached 10,079 systems. This figure shrank further by almost 14 per cent in 2019 to reach 8,642 installed systems while in 2020 it dwindled to only 4,751 newly installed SWHs in Lebanon, which could be translated into a reduction of the market size by 45 per cent compared to 2019. In summary, the market suffered from a size reduction of 59 per cent during these four years.
According to the Lebanese Nationally Determined Contributions (NDCs), updated in 2020, Lebanon is committed to generate 11 per cent of its heat demand by 2030 using renewable energy unconditionally. In addition, if international support is granted, this contribution could reach conditionally 16.5 per cent of the heating demand in the building sector in 2030. Consequently, more efforts need to be invested in the SWH market to reverse the current trend and reach national objectives.
Check out the latest report below.