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Search resuls for: "Carsten Koernig"


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BERLIN, June 13 (Reuters) - German demand for photovoltaic power systems is expected to grow at a double-digit rate this year with solar storage system installations by mid-year topping 2022's total, the BSW solar power association said on Tuesday. Solar power systems are booming in Europe's biggest economy as consumers seek alternatives to expensive fossil fuels following a drop in Russian supply last year. BSW said it expected new solar power installed capacity this year to be between 9 to 11 gigawatts (GW), up from 7.4 GW in 2022, meaning an increase of up to 49%. A total output of 5.3 GW of solar power systems were installed in 2021. Annual solar parks production currently covers more than 10% of the country's electricity needs, BSW said, adding solar power expansion on commercial buildings was still weak compared to residential and solar parks.
Persons: BSW, Carsten Koernig, Riham, Jason Neely, David Evans Organizations: Private, Federal Network Agency, Thomson Locations: BERLIN, Ukraine
It is also reacting to a new U.S. law that has raised concern the remains of Germany's formerly-dominant solar industry could relocate to the United States. China's production is also around 10%-20% cheaper that in Europe, separate data from European Solar Manufacturing Council ESMC shows. Dries Acke, the Policy Director at industry body SolarPower Europe, said the body had written to the European Commission urging action. Berlin-based residential solar energy supplier Zolar said orders have risen by 500% year-on-year since the Ukraine war began in February, but clients might have to wait for six-to-nine months to get a solar system installed. "The signs for the solar industry in Germany are much, much better now," he said.
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