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Global Market Outlook: Germany to Set 100GW by 2030 Target

Release date:2021-01-11 Source:Raytech Pageviews:-

According to statistics, the cumulative solar power generation capacity of Germany will reach 53.66 GW by the end of November 2020, and the rooftop solar systems installed capacity of Germany in 2020 will increase by 25% compared with that in 2019. The rapidly growing installation capacity of Germany is expected to make it top three market in the world.

In September 2020, Germany approved the amendment to the Renewable Energy Act, which will expand renewable energy to 65% by 2030. According to the amendment, the government proposes to issue nearly 1.9 to 2GW solar energy biddings. Germany plans to increase its cumulative PV capacity from 52 GW to 83 GW by 2026 and to 100 GW by 2030.

The German Solar Industry Association suggests that the most important thing is to double the installation of solar projects in 2021 and the annual installed capacity of utility solar projects after 2022. The German federal government's 2030 climate protection plan envisages that photovoltaic power generation capacity must be built before 2050, which is the only way to avoid a power generation gap within three years due to the phasing out of nuclear energy and coal.

In 2021, Raytech will continue to focus on Germany solar market to provide high-quality solar panels and 24/7 service to our clients. Raytech Double-glass modules come with 12-year product warranty and 30-year performance warranty, 2 years and 5 years longer than industry's standard warranty respectively.

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