The first two thirds of this year look more than positive for German photovoltaic industry with demand growing by 300% compared to the same period of last year. The numbers show that in the first eight months of this year Germany installed more than 4.8 GWp photovoltaic systems, which translated on global level means that Germany roughly accounts for approximately half of all photovoltaic systems installed worldwide in 2010.In entire last year, Germany installed 3.8 GWp photovoltaic systems, meaning that this year Germany has strengthened even more its reputation as the world's largest photovoltaic market.
Such large and fast growing market is attracting many solar companies in Germany, especially since Germany also boasts a well established industrial infrastructure, with large equipment supplier base, and qualified and experienced personnel.
Current feed-in-tariffs in Germany are also very supportive of new photovoltaic projects with rates ranging from 24.26 - 33.03 EURc/kWh for installations connected during the remainder of 2010.
It will be very interesting to see whether German photovoltaic market will continue to grow at such accelerated rate in the next few years without the help of such supportive feed-in-tariffs. While some energy experts expect steady decline of German photovoltaic industry the others believe that growth will still continue, regardless of feed-in-tariffs.
German solar industry currently employs more than 50,000 people.
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