 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Berlin, Germany (SPX) Sep 06, 2010 Photovoltaic system installations in the first half of 2010, estimated at 3 GWp, continue to consolidate Germany's position as the world's largest photovoltaic (PV) market and an attractive investment location for PV companies. In 2009, Germany accounted for approximately one of every two newly installed modules worldwide, with total installations at 3.8 GWp for the year. Germany Trade and Invest will have representatives at this year's European Photovoltaic Solar Energy Conference and Exhibition in Valencia, Spain, from September 6-9 to introduce opportunities for PV companies in Germany. Amendments to the photovoltaic feed-in tariffs of Germany's Renewable Energies Act (EEG) were passed in early July, with a further adjustment to take effect October 1. The changes mark a further shift towards the rooftop segment by abandoning field installations on cropland and increasing the attractiveness of the own consumption bonus for small and medium-scale rooftop installations. This bonus is paid to rooftop installation owners of systems smaller than 500 kWp who intend to use the energy they generate. Feed-in tariff rates were reduced by 13 percent for rooftop installations and eliminated for cropland field installations from July 1. At the same time, conversion areas saw a reduction of 8 percent and all other areas were decreased by 12 percent. Beginning October 1, these rates will be reduced by a further 3 percent. Still, the new tariffs remain highly attractive, with rates ranging from 25.02 - 34.05 EURc/kWh for installations connected before October 1 and 24.26 - 33.03 EURc/kWh for those connected during the remainder of the year. The law, established ten years ago, requires power companies to buy renewable energy from system owners at the corresponding feed-in tariff rate for 20 years, guaranteeing an attractive payback time and high returns.
Increased Demand by Private Users Changes are also leading to growing demand for energy storage systems and smart grid applications to fully profit from the own consumption bonus. By 2013 energy from PV sources is expected to be competitive with conventional energy sources in the electricity market for private consumers. Manufacturers in Germany not only have easy access to a large and growing market, they also benefit from a competitive advantage through a local brand presence and reputation for high quality products. Germany boasts a well established industrial infrastructure, large equipment supplier base, and qualified and experienced workforce. The country's PV industry also features the highest density of R and D institutes in the industry.
Share This Article With Planet Earth
Related Links European Photovoltaic Solar Energy Conference and Exhibition All About Solar Energy at SolarDaily.com
MIT Researchers Create New Self-Assembling PV Technology That Repairs ItselfBoston MA (SPX) Sep 06, 2010 Plants are good at doing what scientists and engineers have been struggling to do for decades: converting sunlight into stored energy, and doing so reliably day after day, year after year. Now some MIT scientists have succeeded in mimicking a key aspect of that process. One of the problems with harvesting sunlight is that the sun's rays can be highly destructive to many materials. Sunlight ... read more |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook
