Germany Paves The Way For Solar Storage – Energy Storage World Forum

If there is any country investing the most in renewable energy storage systems, it would be none other than Germany.

Germany gets 23 percent of its electricity from renewable sources.

Solar alone accounts for 9.3 percent of all energy produced. Germany continued to add some 47.7 percent more solar in 2012, and that was after subsidies were practically struck off the government agenda.

This was because there was huge customer demand for storage of cheap photovoltaic (PV) energy, which customers want to store in the day and use in the night.

The German government expects incentives to drive down the initial cost of energy storage and encourage innovation, thereby driving the costs even lower and helping storage become reality.

Source and Read More

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germany, incentives, photovoltaic, solar, subsidies

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