IQ Solar

What IQ Solar does

IQ Solar is a Belgian solar energy installation company headquartered in Evergem (with an administrative office in Gent), founded in 2020 and operating as BV IQ Solar (BE 0750.490.384). The company designs, sells, and installs photovoltaic (PV) solar panel systems, battery energy storage systems (BESS) including the Huawei LUNA2000 series, and electric vehicle (EV) charging stations for both residential and commercial customers across Belgium, primarily Flanders. Component sourcing is anchored to leading OEMs including Huawei (inverters, batteries, chargers), JA Solar (PV modules), SMA (inverters), Alfen (commercial chargers), and Smappee (smart chargers and energy management), with proprietary smart energy management software enabling dynamic tariff optimization, peak shaving, day-ahead pricing integration, and frequency containment reserve (FCR) participation for commercial battery assets.

The business operates a direct sales model for both B2C (residential) and B2B (commercial/enterprise) customers via quote-based pricing, with a guaranteed 3–4 week installation timeline post-quote approval. Revenue is generated predominantly through one-time installation contracts, supplemented by recurring service and monitoring contracts, EPC NR energy performance certification services for non-residential buildings, and customer financing facilitation. The commercial segment spans enterprise customers such as Delhaize, Marriott, Vitaz, Veolia, DANA NV, DEKRA, and Delen Private Bank, while the residential segment addresses individual homeowners seeking reduced electricity bills and EV charging capability.

IQ Solar is part of the broader IQ Solutions group, which includes IQ Plumbing and IQ Climate, enabling cross-referral for integrated building renovation including HVAC, insulation, and EPC NR advisory services. The company holds RESCERT accreditation and VCA safety certification, is recognized as an approved (erkend) installer by Flemish/Belgian authorities, and positions itself as a Top 3 solar installer in Belgium with 3,000+ installations completed to date. The firm actively markets via a blog, social media (LinkedIn, Instagram, Facebook), a promotional offers page, and an extensive project showcase portfolio, and has aligned with the VLAIO GREEN subsidy program to support up to 40% investment support for qualifying commercial projects.

Name

IQ Solar

Legal name

BV IQ Solar

Website

https://iq-solar.be

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

IQ Solar is a Belgian solar installer serving residential and commercial customers across Flanders with photovoltaic panels, battery storage systems, and EV charging stations, plus smart energy management and EPC NR services, operating as part of the IQ Solutions group.

Ownership category

akta.pro rank

Product category

Solar Energy Installation Services

akta.pro industry

PRIMARYEUAMABAB

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System)

Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Solar Energy (PV, CSP, Rooftop & Utility-Scale)

SECONDARYEUAEADAJ

Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks)

Energy, Utilities & Environment/Energy Infrastructure & Services (EPC, O&M, Field Services)/Renewable Balance-of-Plant EPC (Wind/Solar/Hydro)

SECONDARYEUAMABAG

Solar Balance-of-System Components (Cables, Combiner Boxes, Switchgear, Transformers)

Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Solar Energy (PV, CSP, Rooftop & Utility-Scale)

Keywords

• Solar panel installation
• Commercial battery storage
• EV charging infrastructure
• Residential energy solutions
• Renewable energy services

Headquarters

HQ city

Evergem

HQ country

Belgium

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Solar Panel Installation: One-time installation of solar photovoltaic panels for residential and commercial customers. Revenue is generated from the sale and installation of PV systems, including panels, inverters, and mounting equipment.
2. Battery Storage Systems: Sale and installation of home and commercial battery storage systems (such as Huawei LUNA2000). Batteries allow customers to store excess solar energy for later use, increasing self-consumption rates.
3. EV Charging Stations: Installation of AC and DC charging stations for residential and business use. Companies include Smappee and Alfen charging stations with smart management features.
4. Service Contracts and Monitoring: IQ Solar offers service contracts where they monitor installations and address potential issues proactively, ensuring reliable operation. This provides recurring revenue from existing customer base.
5. EPC-NR Energy Scan Services: Energy performance certification for non-residential buildings (EPC NR) with trajectory guidance towards Flemish energy standards by 2030. Offered as part of a comprehensive package through partnership with IQ Solutions & Climate.
6. Financing Solutions: The company offers financing options for customers, suggesting a role in facilitating customer purchases through third-party financing arrangements.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

IQ Solar installs solar photovoltaic panels, home and commercial battery storage systems, and EV charging stations for residential and business customers across Belgium. The company provides end-to-end services from initial consultation and energy scans through installation to ongoing monitoring and maintenance service contracts. For commercial customers, offerings extend to industrial-scale battery storage with peak shaving and Frequency Containment Reserve (FCR) market participation.

Product overview

IQ Solar offers a comprehensive portfolio of renewable energy solutions as a total partner for both residential and commercial customers in Belgium. The core offerings include solar panel installations, home/commercial battery storage systems (batterijopslag), and EV charging stations (laadpalen), supported by energy performance certification services (EPC NR) and service contracts. For residential customers, the main products are solar panels, home batteries, and charging stations. For business customers, offerings extend to commercial battery storage with advanced capabilities like peak shaving, energy trading, and frequency containment reserve (FCR) participation. IQ Solar also provides supplementary services including solar carports and financing options. The company sources components from premium brands including Huawei (inverters, batteries, EV chargers), JA Solar (panels), Alfen (commercial charging), and Smappee (smart charging), which are integrated into their turnkey installation services.

Differentiator

Problem solved

Functional benefit

Products and services

• Zonnepanelen (Solar Panels)

Quantifiable outcome

• 3,000+ installations completed
• +4 more outcomes

Named customers45 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• HuaweicoreTechnology or IntegrationIQ Solar works with Huawei as a key technology partner for inverters (SUN2000 series), home batteries (LUNA2000 series), and EV chargers (SCharger series). Huawei products form a core part of IQ Solar's product portfolio for both residential and commercial installations. Datasheets for Huawei products are available on IQ Solar's downloads page.
• JA SolarcoreTechnology or IntegrationIQ Solar partners with JA Solar for photovoltaic modules including the JAMS4D41 LB 430-455 and JAM72D40 MB 565-590 series. JA Solar panels are highlighted as high-quality products on the company's supplier page.
• SMAcoreTechnology or IntegrationIQ Solar uses SMA inverters as part of their product offering. SMA is a well-known solar inverter manufacturer that IQ Solar sources for commercial and residential solar installations.
• AlfencoreTechnology or IntegrationIQ Solar partners with Alfen for charging stations for businesses. Alfen charging stations are highlighted as high-quality products with innovative technology, durability, and ease of use, meeting the highest standards for business charging infrastructure.
• SmappeecoreTechnology or IntegrationIQ Solar works with Smappee for smart EV charging stations and energy management systems. Smappee's charging stations include autonomous overload protection and a user-friendly dashboard for monitoring charging consumption. Smappee smart charging can save up to 50% on fleet charging costs.
• IQ Solutions & ClimatecoreStrategic or Co-development PartnerIQ Solar operates as part of the IQ Solutions group which includes IQ Solar, IQ Plumbing, and IQ Climate. Through this partnership, IQ Solar offers integrated solutions including EPC NR certification, HVAC systems, roof insulation, and facade renovation. This partnership allows IQ Solar to provide comprehensive building energy solutions beyond just solar installations, distinguishing them from traditional energy experts.
• IQ PlumbingminorStrategic or Co-development PartnerPart of the IQ Solutions group, IQ Plumbing provides complementary building services. Cross-referrals between IQ Solar and IQ Plumbing enable customers to receive comprehensive building renovation services.
• IQ ClimateminorStrategic or Co-development PartnerPart of the IQ Solutions group, IQ Climate provides climate-related building services. Integrated with IQ Solar through the IQ Solutions ecosystem for comprehensive sustainable building solutions.
• VLAIO (Vlaams Agentschap Innoveren & Ondernemen)coreOthersVLAIO administers the GREEN subsidy program offering up to 40% financial support for businesses investing in green energy or energy efficiency. IQ Solar helps customers navigate and apply for GREEN subsidies, positioning it as a key enabler for customer projects.
• Battery Storage Management PartnercoreStrategic or Co-development PartnerIQ Solar collaborates with a partner in Belgium that manages large-scale battery storage systems to assess imbalance and FCR participation opportunities. This partnership ensures the best investment value when installing battery systems for commercial customers seeking to participate in frequency containment reserve markets.
• Stad Gent (City of Ghent)minorOthersThe City of Ghent supported IQ Solar's initiative to donate solar panels to five financially vulnerable families in Ghent, demonstrating community engagement and corporate social responsibility.
• Vlaamse Minister van Energie (Melissa Depraetere)minorOthersThe Flemish Minister of Energy supported IQ Solar's social initiative to donate solar panel installations to vulnerable families and attended the installation of one of the donated systems.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Others

• Huawei Digital Power: Supplier of the inverters, batteries (LUNA2000), and EV chargers that IQ Solar installs. Not a direct competitor in installation services, but a key upstream dependency and ecosystem partner.
• Alfen: Dutch supplier of EV charging stations and smart energy solutions that IQ Solar installs for commercial customers. A hardware partner rather than direct competitor, but a comparable European player in the smart energy and charging ecosystem.

Direct peers

• EnergyVision: Belgian residential and commercial solar panel installer headquartered in Belgium. Direct competitor targeting the same Flemish B2B and B2C customers with comparable offerings in panels, batteries, and EV charging.
• Otovo: European residential solar installer and subscription provider active across multiple European markets. Comparable business model targeting homeowners with panels, batteries, and EV chargers, though operating at much larger scale across geographies.
• Smappee: Belgian smart energy management and EV charging company. Overlaps with IQ Solar on smart charging installations and energy management software for residential and commercial customers; headquartered in Belgium.
• Ecolos (Belgian solar installer): Belgian solar installation company serving residential and SME customers with panels, batteries, and EV chargers. Comparable scale and offerings to IQ Solar in the Flemish market.
• Thomas Solar: Belgian solar installer focused on residential and SME customers, offering panels, home batteries, and charging stations. Closely comparable operating model and geographic footprint to IQ Solar in Flanders/Belgium.

Broad incumbents

• Luminus: Major Belgian energy utility offering solar installation, batteries, and EV charging as part of a broader energy portfolio. Competes with IQ Solar on Flemish commercial and residential projects but serves a much wider customer base.
• Engie: Large French/Belgian utility with significant solar EPC and renewable energy offerings. Competes with IQ Solar for commercial solar and BESS projects in Belgium but operates as a broad incumbent across the entire energy value chain.
• TotalEnergies (Solar division): Global energy major with growing Belgian residential and commercial solar offerings. Competes with IQ Solar on larger commercial projects and increasingly on residential installations through its utility-scale brand presence.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/IQSolarBV
• LinkedInlinkedin.com/company/iq-solar-be
• Instagraminstagram.com/iq.solar

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IQ Solar