BSW's managing director Carsten Koernig stated that "solar energy has become an indispensable ingredient of a successful energy strategy shift". The solar sector has already produced enough electricity to power approximately 5.1 million households. This accounts for about one-eighth of all households in Germany.
BDEW, the German Association of Energy and Water Industries, stated that PV power installation was the fastest growing sector amongst German renewable power sources this year. Renewable power accounted for about 19.9 percent of the energy mix in 2011, compared with 16.4 percent last year, as BDEW's preliminary data shows.
According to experts, as Reuters reports, the solar sector's production remains volatile and unsustainable due to the unfavourable weather conditions, thus relying still on a subsidy-driven situation. This places the cost largely on consumers. However, Koernig says that the solar industry stands by its commitments to cut costs and costs have already seen a fall of 50 percent since 2007.
BSW has stated that if there were reliable conditions the industry would continue with targets to account for 10 percent of all power by 2020.This is in the backdrop of the upcoming FITs cuts in 2012 in Germany.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.