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Germany bucked the solar industry growth

Shenzhen Shine Solar Co.,Ltd | Updated: Sep 01, 2015

Germany solar energy industries Association published in 2011, despite Government slashing subsidies, Germany still spurt the development of the solar industry, 2011 power up 60%, when more than 18 billion-kilowatt can meet the electricity needs of 5.1 million families.

In 2011, the Germany Government will cut subsidies for the solar industry 13%, 2012 is expected to further cut 24%. However, due to high oil prices, and prices of solar technology, by 2014, the solar industry needs Government support would not be over offshore wind farms. Germany solar energy industries Association, believes that solar industry needs most is a stable policy environment than subsidies. Since 2007, the Germany market the price of solar panels has fallen by nearly 50%. At present, solar energy in Germany compared to about 3% in the power supply, in 2020 is expected to reach 10%.

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