Germany deploys 421MW photovoltaic power generation capacity

    According to the latest data from the German Federal Network Agency (Bundesnetzagentur), the total number of new solar power system home systems registered in Germany in October reached 421 MW. In comparison, the corresponding figure in 2019 was 387.6 MW in September and 377 MW in October.

    So far, Bundesnetzagentur has registered 3.92 GW of new photovoltaic systems this year. By the end of October, the country’s cumulative installed photovoltaic capacity reached 52.7 GW, while the total capacity added during the same period in 2019 was 3.34 GW.

    The German photovoltaic market continues to be driven by market segments with an installation scale of less than 750 kilowatts. Last month, a total of 344 megawatts of newly installed photovoltaic capacity was recorded, of which about 320 megawatts came from rooftop photovoltaic arrays, and the rest was composed of small solar parks. composition.

   With this strong development momentum, the FIT price of photovoltaic systems with a capacity of less than 10 kilowatts will drop below 0.10 Euro/kWh for the first time, prompting a 1.8% reduction in all electricity prices between November and January next year. According to the specific specifications of the system, the price will vary from 0.0832 Euro/kWh to 0.0651 Euro/kWh.