German Market Environment
In 2021, almost 2 million solar plants (with an installed capacity of 54 gigawatts) are supplying around 10 % of the electricity produced in Germany, and the share of photovoltaics in electricity generation will continue to rise. The Renewable Energy Sources Act has contributed a lot to the growth and has also been responsible for the sharp decline in new installations. The German solar market collapsed in 2013 and fell far short of the German government’s expansion targets for many years.
In 2018, the market tentatively regained momentum, and in 2020, photovoltaic systems with a capacity of 4.9 gigawatts were newly installed – more than at any time since 2012.
Using the sun’s power ensured that almost 30 million tonnes of the climate-damaging carbon dioxide Co2 were saved in 2019.