Are solar photovoltaics a good investment in Germany?

Solar photovoltaic systems could be a significant contributor, though their success also relies on long-term weather conditions. Discover all statistics and data on Solar photovoltaics in Germany now on statista.com!

Do solar panels contribute to Germany's Power Mix?

Solar arrays can contribute a much greater share to the German power mix during particularly sunny times. In July 2024, Germany recorded its monthly record solar power output level to date of 10.1 terawatt hours (TWh) – despite sunshine levels being lower than the previous year.

Is Germany a good place to invest in solar energy?

The photovoltaic industry is playing a key role in shaping Germany’s sustainable energy future. Germany can look back on decades of solar energy experience and is considered as being a major photovoltaics pioneer. Germany is the biggest and fastest-growing rooftop solar PV market in Europe

How many solar modules are made in Germany?

For the first quarter, the Federal Statistical Office reports a drastic decline in modules manufactured in Germany to just under 495,600. From pv magazine Germany In 2023, Germany imported nearly €3.6 billion worth of PV systems, primarily solar cells and modules.

How much solar energy did Germany import in 2023?

In 2023, Germany imported nearly €3.6 billion worth of PV systems, primarily solar cells and modules. Compared to the previous year, the value fell by 12.5%, the Federal Statistical Office (Destatis) reported Monday. PV imports continued to decline sharply in the first five months of the year compared to the same period last year.

Which countries export solar panels in the EU?

The largest extra-EU export destination for wind turbines was the United Kingdom (30%), followed by the United States (18%). China (98%) was by far the largest partner for extra-EU imports of solar panels in 2023 (see Figure 5). The largest extra-EU export destinations for solar panels were Switzerland (31%) and the United Kingdom (25%).