GERMAN PV INSTALLED CAPACITY HIT A NEW RECORD
According to the latest data from the Bundesnetzagentur, Germany added 640 megawatts of photovoltaic installed capacity in August. In the first eight months of this year, a total of 4.8GW of photovoltaic installed capacity was added, compared with 3.6GW in the same period last year, 5.26GW in the whole year last year and 4.9GW in 2020.
According to the statistics of Global Photovoltaics, in the first half of this year, Germany added 3.217GW of photovoltaic installed capacity. Therefore, in July and August, Germany added 1.583GW, which is equivalent to nearly half of that in the first half of this year. In addition, compared with the increase of 434.5 MW in August 2021 and 535 MW in July 2021, the new installed capacity in July and August 2022 has been significantly accelerated.
The growth rate in the first half of the year was much lower than that in January August, probably because the Russian Ukrainian conflict broke out and at the end of February, the investment in PV has not yet had a large-scale impact on the first half of the year, but has accelerated significantly since July.
In the fourth quarter, the temperature has dropped significantly, and the cold crisis that tested the Nordic countries, including Germany, is accelerating. However, the conflict between Russia and Ukraine has not eased. The supply of Russian natural gas is still stubbornly resisted or restricted. It is reasonable to believe that European countries will accelerate the deployment of solar system installations.
In order to avoid citizens shivering in the cold wind, the German government approved the exemption of income tax and corresponding value-added tax for qualified rooftop PV in the 2022 Annual Tax Act last month, and continued to respond to the growing energy crisis by implementing policies to support small-scale distributed PV. It is expected that the new photovoltaic installed capacity in Germany this year is expected to exceed 8GW.
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