3 GW Of PV Installed In Germany In First Half Of 2010
Photovoltaic system installations in Germany in the first half of thisyear are estimated at 3 GW, reaffirming Germany’s leadership position in the solar market, according to Germany Trade and Invest, a foreign trade and inward investment agency of the Federal Republic of Germany.
In 2009, Germany accounted for approximately one of every two newlyinstalled modules worldwide, with total installations totaling 3.8 GWfor the year.
Amendments to the PV feed-in tariffs (FITs) inGermany’s Renewable Energies Act (EEG) were passed in early July and afurther adjustment to the FITs will take effect Oct. 1. The changes mark a further shift toward the rooftop segment by abandoning fieldinstallations on cropland and increasing the attractiveness of theself-consumption bonus for small- and medium-scale rooftopinstallations.
The FIT rates were reduced by 13% for rooftopinstallations and eliminated for cropland field installations beginningJuly 1. At the same time, conversion areas saw a reduction of 8%, andall other areas were decreased by 12%. Beginning Oct. 1, these rateswill be reduced by a further 3%. Still, the new tariffs remain highlyattractive, with rates ranging from 25.02 eurocents/kWh to 34.05eurocents/kWh for installations connected before Oct. 1 and 24.26eurocents/kWh to 33.03 eurocents/kWh for those connected during theremainder of the year.
The changes to the EEG are a reaction tothe increased price competitiveness of photovoltaic systems, includingthe recent price drop for solar panels and components. By 2013, energyfrom PV sources is expected to be competitive with conventional energysources in the electricity market for private consumers.
SOURCE: Germany Trade and Invest
Search 26k+ Solar Articles
- New CPV Efficiency Record for Amonix
- Toyota Prius to be Replaced?
- Securitization and Renewable Energy
- The All-Electric Fiat 500e
- The Energy Supercomputer
- A Breakthrough or Just Another PV Module?
- Bloom Energy Sees Revenue Drop in Q1
- Catching Photosynthesis in the Act
- Top 5 Ways The U.S Military is Utililizing Renewable Energy
- New Solar Technology to Increase Efficiency
- The Rise Of The Green Machines
- Solar Savings: Tax Credits and Solar