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ENERGY

SUBSIDYING SOLAR:
SUCCESSFUL GERMANY

source: Worldwatch Institute,
‘Vital signs 2001- The trends that are
shaping our future’, 2001.

In Europe, PV* production reached 61 MWs** in 2000: an increase of 52% over 1999…

Germany, where the world largest solar power plants are located, also leads the European solar industry thanks to the 100,000 rooftop program launched in late 1998: the program - which includes a 10-year, interest-free loan from the German Federal Bank plus a guaranteed purchase price of €50¢/kilowatt-hour - resulted in 45 MWs of new installations in 2000.

On the other side, the US “Million Solar Roofs Initiative” announced in 1997 has not been backed by any significant financial support, as a result failing to ignite a surge in PV installations: in 2000, US solar production only increased slowly, reaching 75 MWs.

* PV: photovoltaic.
** MWs: megawatts.

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