Germany’s small and medium-sized companies are increasingly turning to solar power to cover their electricity consumption as energy prices in Europe’s biggest economy haven’t dropped much despite the fall in natural gas prices compared to the peak energy crisis.
the association of utilities, said in its overview for 2023 that high prices and weak industry led to a record low primary energy consumption in Germany. For the first time ever, more than 50% of electricity generation came from renewable energy, thanks to record growth in photovoltaics PV installations. Germany installed a record-high power capacity from solar and wind in 2023, but only solar additions met government targets, while wind power installations fell short of goals.
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