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Development of German Solar Projects

Bearer Bond

Solar energy is the largest and, through constant technical development, the cheapest available energy source for mankind. According to the German government, photovoltaics will make an important contribution to the future supply of electricity and to the transition of energy policy in Germany. In 2019, more than 1.8 million solar plants covered around 8% of gross electricity consumption (Bundesverband Solarwirtschaft e.V.). Through the Renewable Energy Sources Act (EEG) introduced in 2000, German legislators are promoting the development of electricity production technologies from renewable energy sources such as photovoltaics in order to reduce economic costs from energy imports and at the same time promote climate protection. Since the government-subsidised feed-in revenues have been reduced and the individual sizes of photovoltaic plants in Germany have been limited, projects are to be increasingly implemented in individual construction phases in order to maintain and increase margin revenues in the overall view of all construction phases.

This project addresses the following SDGs

7
8
15

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