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143.5 GW Solar Installs from New German Coalition Government!

Kategori : ELECTRICITY ENERGY NEWS, ENERGY AGENDA NEWS, SOLAR ENERGY NEWS - Tarih : 30 November 2021


The leaders of Germany’s new government coalition, formed by the Green party, the Liberal party (FDP) and the Social-democrat party (SPD) have presented, yesterday, their 177-page program for the next four years.

In the renewable energy chapter of the document, the government coalition is aiming for the share of renewables in gross electricity demand to rise to 80% by 2030, assuming an increased demand of between 680 and 750 TWh per year. In accordance with this goal, a further expansion of the electricity network is planned and the renewable energy capacities to be allocated through tenders should be “dynamically” adjusted. In addition, more funds will be provided for the further implementation of Germany’s renewable energy law (EEG) and long-term power purchase agreements will be supported by more favorable regulatory conditions.

Furthermore, the coalition decided to raise the country’s 2030 solar energy target from 100 to 200 GW. The country’s cumulative solar capacity topped 56.5 GW at the end of September. This means that another 143.5 GW of PV capacity will have to be deployed during the current decade.

Source: PV Magazine


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