04 Jan '12, 11am

Germany reports record 60 per cent surge in solar generation - 04 Jan 2012 - News from BusinessGreen via @businessgreen

Germany saw solar output rise a record 60 per cent last year to more than 18 billion kilowatt hours of electricity, according to new figures from the German Solar Industry Association (BSW-Solar). The trade body said the output was equivalent to the entire electricity consumption of the state of Thuringia and could theoretically provide clean power to 5.1 million households for an entire year. FURTHER READING Vestas shares plunge to eight-year low after latest profit warning Solar feed-in tariff confusion continues as DECC prepares appeal "Solar power has become an indispensable ingredient for the success of the energy transformation," said Carsten Körnig, chief executive of BSW-Solar in a statement, adding that the surge in demand has been driven by rising oil and gas prices and the falling cost of solar technology. The rapid roll out of new solar installations continued ...

Full article: http://www.businessgreen.com/bg/news/2135165/germany-repo...

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