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Economic Downturn Bites Into Germanys PV Industry

The reduction in Feed-in Tariffs and an overall declining economic climate along with a less than sympathetic Federal government are combining to make the going tough for Germany’s PV industry with many manufacturers now looking to increase their markets substantially abroad. PES reports on a difficult situation in the country that many others looked to previously as a model for an economically green and sustainable future ….

A declining economic situation is likely to mean that major photovoltaic (PV) projects are only going to be carried out with difficulty in Germany throughout 2011. Solar energy subsidies are decreasing dramatically – no outdoor installations in fields have been commissioned since last summer, for instance. For this reason, project developers are moving towards large-scale rooftops and even going abroad with their power plants.


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