Germany continues to lead global solar development
The world-leading German photovoltaic industry is continuing to expand rapidly, with 1.46 MW installed during 2015.
Germany leads the world
The world-leading German photovoltaic industry is continuing to expand rapidly, with 1.46 MW installed during 2015. The national installed solar capacity now stands at about 39 GW. The 2015 installations also brought the cumulative number of solar installations in the country to over 1.5 million, according to German Solar Association (BSW-Solar). This capacity generated some 38 billion kWh of energy last year, helping the country meet its goal of deriving 20% of its electricity from solar by 2020.
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Over the next few years, German industry is expected to invest some 5 billion euros in new solar factories. The nation is estimated to control roughly half the global demand for solar equipment. BSW-Solar notes that only 13% of the available rooftops in Germany have solar installations, leaving substantial room for the solar program to expand. If all rooftops hosted solar systems, the national solar capacity would cover 40% of the total energy demand, BSW-Solar estimates.
The future expansion rate of the solar industry may slow, however,because the German government is planning to modify its subsidized tariff system for solar to a more market-oriented system over the short- to mid-term. Beginning in January 2017, competitive bidding will take place for new solar projects, in which the lowest revenue per kWh determines the winner of a 20-year power purchase contract. At this point, some 600 MW of new solar capacity will be added through the new bidding system each year. e design of the new system is meant to reduce the cost of solar power over time for consumers.
Article from Solar Journal English vol.03 2016 issue