09 Sep '12, 5am

Average Installation Cost of PV in Germany Now 1.776 Euro/Wp

This is great news but it is worth to know that Germany is the MOST developed solar market on earth by a huge margin to the second. There is an extreme amount of proven solar small-scale installer companies there so due to the competition, the efficiency of these companies have gone through the roof (and consequently, their install prices have come down). Also, equipment prices (like inverters) go down because the market has grown huge, so the supply chain is now very effective and pushing prices down. Since the solar panels themselves are only 40-50% of the installed price, installation and equipment costs are very important. Other markets are not even comparable to Germany even in Europe, let alone the rest of the world. It will be 2-5 years while the installation experience and supply chain advancements trickle down to less-developed European countries like Hungary (my ...

Full article: http://cleantechnica.com/2012/05/18/average-installation-...

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