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Solar industry warns of end to investments in Germany

July 24, 2019


Abstract : The solar industry is worried that the development of solar energy in Germany might suffer a setback. A stop to investments in solar roofs is looming within a few months, the chief executive of the German Solar Association (BSW), Carsten Koernig, told dpa.

Solar system on a roof of a house. (picture alliance/dpa)

The solar industry is worried that the development of solar energy in Germany might suffer a setback. A stop to investments in solar roofs is looming within a few months, the chief executive of the German Solar Association (BSW), Carsten Koernig, told dpa.

At play is a subsidy freeze foreseen since 2012 in the Renewable Energy Sources Act once a total output of 52 gigawatts is reached.

At the end of 2018, 45.9 gigawatts had already been reached, with another 3.5 to 4 gigawatts expected to be added this year, according to BSW.

The association is calling for new regulation to provide further support.

"The climate crisis cannot take a summer recess and the energy sector needs clear investment signals," Koernig said. "It is clear that solar energy, which by now is cheaper, should be expanded much more significantly to stem the climate crisis."

The German government will not meet its climate goals if it hits the brakes on the expansion of solar energy.

Several associations had already joined the BSW in February when it called for the so-called solar cap to be eliminated - including the national tenants' association, the owners' association Haus&Grund (House & Land) and the DNR league for nature and the environment.

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Keyword: Germany investments solar energy

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