German Wind Turbine Producers Siemens and RePower ( Suzlon subsidiary) are the biggest beneficiaries of a sharp growth in offshore wind energy in Europe. These companies have taken the lion’s share of the market for new offshore wind energy installations in places like UK and Europe. Note while the Chinese wind turbine producers have grown […]
German Solar Companies Are being pushed out of the solar market they developed by the ruthless assault of Chinese solar panel companies. Already stalwarts of the German solar industry like Q-Cells, Solon etc. have shut down their operations as they see no economic viability. Thousands of solar manufacturing jobs have been lost in the last […]
Japanese Government Gave the go ahead in restarting the nuclear power plants in the country after all the nuclear reactors were shut down post the Fukushima accident. Despite massive protests in the capital city of Tokyo where thousands of people took part, the government remained adamant with the PM dismissed them as noise. Note Germany […]
About the Company Schuco is a leading developer of comprehensive systems for solar power and solar heating. It is the market leader for innovative & energy-efficient facade solutions for the whole building envelope. The company is a leading designer and manufacturer of photovoltaic modules (Solar PV) and solar thermal collectors. The company headquartered in Bielefeld, […]
Critics have claimed that Germany has spent $130 billion in solar subsidies to provide only 0.3% of its electricity. This is a shallow and ignorant argument at its worst. The critics from all over the world cite figures and statistics without going into the deeper implications. Germany has in the last 5 years made solar energy reach the poorest people in the world . The country’s subsideis have made large solar companies lower costs and improve technology at a rapid pace to keep up with the lowered subsidies. Solar Panels which were sold for $4/watt in 2008 are solar for 80c/watt now. A truly remarkable story in Energy which has been missed the the fossil fuel funded hacks in media. For the last few centuries man has been trying to harness solar energy at reasonable costs but has failed to make a big impression. Germany in the last 5 years has made a huge and lasting impact as solar energy will go from strenght to strenght ..
There is urgent need to reduce the solar capacity addition in Germany because
a) It is requiring almost half of the $21 billion renewable energy subsidies in 2011 while generating 3% of the total power
b) Too much solar power while put pressure on the power grid as at the peak afternoon hours solar can generate almost 10% of Germany’s power requirement which means shutting down other sources
c) German Solar Panel producers have stopped benefiting from German domestic growth. Most solar companies in Germany have been decimated by Chinese competition and around 20000 solar jobs and 5000 companies have shut down.