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6/4/2013

The Photovoltaic Market in Germany

World’s Largest Market Enters Grid Parity Age

The Photovoltaic Industry in Germany | © GTAI

Grid parity was achieved in Germany in 2011 with levelized cost of energy (LCOE) of newly installed systems equivalent to retail electricity prices for private households.

Own consumption of self-generated PV electricity is becoming increasingly attractive; also for commercial and industrial customers, with various new business models becoming visible. In this innovative market, companies get the opportunity to test, define and introduce new industry standards for this next-level PV world market. This new market will not only guarantee Germany’s leading role in market volume but also consolidate its attractiveness for new business and investment opportunities such as downstream services, systems for storage, smart grid and smart home technologies.

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