MEDIA RELEASE PR41085
PVSEC: German Solar Demand on Record Pace in 2010; Feed-in Tariffs Updated
BERLIN and VALENCIA, Spain, Sept. 3 /PRNewswire-AsiaNet/ -
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 & Invest will have representatives at this year's
European Photovoltaic Solar Energy Conference & 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
The two-tiered changes to the EEG are a reaction to the increased price competitiveness of photovoltaic systems,
including the recent price drop for solar panels and components. These developments have created a number of new
market opportunities for PV companies. Increased demand in the rooftop segment corresponds with installations by
private users who overwhelmingly prefer high-quality systems. 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&D institutes in the industry.
Germany Trade & Invest will have representatives at this year's 25th European Photovoltaic Solar Energy Conference
& Exhibition in Feria Valencia - Level 2 - Hall 2 - Booth A17 to meet with companies interested in the world's photovoltaic
leader.
Germany Trade & Invest is the foreign trade and inward investment promotion agency of the Federal Republic of
Germany. The organization advises foreign companies looking to expand their business activities in the German market.
It provides information on foreign trade to German companies that seek to enter foreign markets.
Germany Trade & Invest
Eva Henkel
Email: eva.henkel@gtai.com
T: +49(0)30-200099-173
F: +49(0)30-200099-111
SOURCE: Germany Trade and Invest
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