20 Mar '12, 6pm

German Policy Could Make Solar in America "Wunderbar" #solarenergy

The Germans are debating significant revisions to their landmark renewable energy policy , and instead of declaring the death of the German solar market, Americans should focus on why solar still costs so much on this side of the Atlantic. After a significant step-down this month, revisions to the German feed-in tariff will require utilities to buy electricity from solar projects 10 kilowatts or smaller for 19.5 euro cents per kilowatt-hour (kWh) on a 20-year contract. Larger projects (over 1 megawatt) will get just 13.5 euro cents per kWh. Using insolation data for Munich, these prices translate to installed costs of approximately $2.24 and $1.55 per Watt, respectively. For comparison, in the U.S. in the 3rd quarter of 2011 the average installed cost of solar was $5.20 per Watt with residential-scale projects costing $6.40 per Watt. What would German installation costs me...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2012/03...

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