Germany is an energy-scarce country, and its energy supply relies heavily on imports. In order to get rid of its dependence on imports and traditional energy, Germany has focused its energy policy on saving traditional energy and developing new energy in recent years, with a view to achieving sustainable development of energy production and consumption. The adoption of legislation and massive government subsidies in the use of renewable energy in Germany has made Germany the fastest growing photovoltaic power generation company in the world after Japan. As the rate of return on investment is as high as 10%, which is much higher than other industries, the photovoltaic industry is developing rapidly.
Germany is the world’s leading photovoltaic (PV) energy market. 55% of the world’s PV capacity is located in Germany. In 2006, German PV industry sales reached 3.8 billion euros. The main reason for Germany’s leading position in PV energy is the promotion of the Renewable Energy Law. The Renewable Energy Law promulgated in 2000 stipulates that power companies must purchase energy generated from renewable energy sources. The law requires electric power companies to purchase electricity from PV facility owners at a prescribed price of 37.96 to 54.21 Euro cents/(kw·h) within 20 years. This price will help promote the consumer market for PV products.
As of August 2008, the “Climate Protection Package” adopted by Germany is a new measure for the country to defend its status as a leading investor in renewable energy. This reform continues to retain its attractive “compulsory photovoltaic feed-in tariff” policy and strengthens the legal system for energy efficiency investment. Therefore, it has further consolidated Germany’s already attractive investment conditions in the photovoltaic (PV) energy sector. One of the main motivations for photovoltaic investment in Germany is the “Renewable Energy Act” (abbreviated as EEG in German). The bill requires power companies to purchase renewable energy from renewable energy facility holders at a price higher than the standard retail price. In 2008, the “mandatory photovoltaic feed-in tariff” policy for photovoltaic projects was priced at 35.49 to 51.75 Euro cents/(kW). ·H). The price will remain unchanged for 20 years, and there will be no restrictions on selling energy to the grid at EEG prices. This legal system encourages German investors to invest in photovoltaic products, thereby contributing to a long-term, sustainable domestic market.
In addition, governments at all levels encourage investment companies to invest in eastern Germany. These regions look like “Silicon Valley”, where a large number of PV and semiconductor companies gather here. This not only encourages PV investment in Germany in terms of policy atmosphere, but also the work and research environment in Germany. Excellent. Many international photovoltaic manufacturers have stopped in Germany. For example, the Canadian ARISE Technology Company built a PV cell production plant in Bischofswerda, Germany, and the American solar company First Solar also set up an investment of 115 million in Frankfurt/Oder, Germany in July 2007. Euro PV factory. In addition, Signet Solar in California, USA, has established a new R&D and production center near Dresden.
Germany is gradually turning its excellent scientific expertise into assets of the solar energy industry. In fact, German universities have opened more than 80 different degrees in solar energy and energy management. Among them, the Technical University of Berlin (TU) has also opened a new master’s degree program. An “Energy University” is also opened in Berlin, providing graduate students from all over the world with the opportunity to improve their knowledge of the energy industry. This high-quality new force will play a role in improving the high-quality standards of German photovoltaic products and reducing the product failure rate. These expertise not only exist in universities, but also in many German research institutions that work closely with photovoltaic investors. For example, Fraunhofer ISE is a part of the internationally renowned Fraunhofer Society (Fraunhofer Society). The Fraunhofer Society is a member of many research institutions and universities that often cooperate with the solar energy industry to research the latest photovoltaic technology.