The German parliament has approved a policy package called "Solarpaket1" aimed at supporting the photovoltaic (PV) industry.
·Commercial and industrial sector: The new law provides higher feed-in tariffs for commercial and industrial (C&1) solar projects, at €0.015 (approximately US$0.016) per kilowatt-hour above current levels.
· Photovoltaic balcony systems and energy communities: The new law will make it easier to deploy photovoltaic balcony systems and smart energy communities. BWN POWER&TENTEK balcony energy storage solution can help you save electricity bills and achieve three-phase zero feed.
Large-scale solar projects: The upper limit for solar projects in large-scale installation tenders has been increased from 20GW to 50GW.
Current German photovoltaic installed capacity: As of the end of February 2024, Germany's photovoltaic installed capacity is approximately 88.44GW.