Photovoltaics

Photovoltaics

On its Way to a Sunny Future

Industry Overview

Germany is the most developed PV market in the world with 35.7 GWp of cumulated installations in 2013. This adds up to 26 percent of the world market, making Germany home to almost a fourth of the solar modules in operation worldwide. In 2013, a total of 3.3 GWp was installed. Grid parity was achieved in Germany in 2011 with levelized cost of energy (LCOE) of newly installed capacity well below retail electricity prices. Nowadays, the self-consumption segments are the driving force of the future PV market in Germany.