Panel Discussion: How Realistic Are Germany's Ambitious Solar Installation Targets?

Recording of Tuesday, June 18, 2024 | The smarter E Europe 2024 | Conference Program | Language: English | Duration: 34:59 .

Solar Industry Faces Volatility But Optimism Remains High for Future Growth and Market Achievability

The discussion among panelists revolves around the current state and future prospects of the solar energy market. The conversation highlights that despite facing numerous challenges—such as fluctuating prices for solar modules, issues with grid infrastructure, and a general sense of economic instability in Germany—the industry remains optimistic about achieving significant growth targets by 2030. Dr. Dirk Haft discusses how the cost reductions in solar systems are making investments more attractive globally, especially in Europe. Stefan Müller emphasizes enduring cyclical nature of the industry dubbed "the solar coaster," but also indicates a positive trend driven by dynamic market conditions and growing public interest. Dr. Christoph Kost points out that while legislative hurdles exist (specifically regarding tenant use of photovoltaic electricity), there is potential to meet substantial installation goals if these obstacles are addressed. Erik Schöller observes that consumer reluctance due to successive crises has been notable; however, skilled labor force shortages have eased somewhat through proactive recruitment efforts. Overall, amidst various ups and downs ("solar coaster"), stakeholders believe sustained effort can meet ambitious renewable energy targets essential for climate goals.

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Talk of session: Leading European PV Markets I: Deep Dive Germany - Understanding the Continent's Most Ambitious Solar Market

The German solar market has always played an outstanding role in the development of PV in Europe. The country has almost continually been the EU's largest market and operated nearly one third of the EU's solar power installations. But can the market grow fast enough and install more than 20 GW per year? This will be necessary to meet its ambitious target of 215 GW of solar capacity by 2030. This session will take a close look at: