Nuclear Phase-Out Helps Germany Boost Solar Power Production By 40%

Posted by SI Staff on July 09, 2012 No Comments
Categories : New & Noteworthy

Solar power accounted for 10% of Germany's total electricity production in May – a 40% increase over last year, according to Germany Trade & Invest, which cites data from Germany's Federal Association of the Energy and Water Industry.

The significant jump stemmed from heightened capacity, sunny weather and the country's decision to phase out nuclear energy.

‘Germany's decision to replace nuclear energy with other sources is proving to not only be possible, but is creating many valuable prospects for the renewables sector,’ notes Tobias Homann, a PV industry expert from Germany Trade & Invest." The continued strength of the solar market has sparked greater investment from abroad."

‘Strong demand – partnered with a highly skilled workforce, intensive R&D and a political framework supportive of renewables – make Germany an obvious point of investment,’ adds Dr. Yossi Kofman, co-founder and CEO of bSolar, an Israel-based solar PV cell company.

Leave a Comment