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    Germany Could Install 12,500 Residential PV Storage Systems in 2015
    Germany could add 12,500 residential solar photovoltaic storage systems this year, more than the total number of systems installed with support from a government scheme in 2013, according to an estimate made by an analyst from EUPD Research. Germany introduced financial support measures for battery-based energy storage systems two years ago. These include a federal ministry of economics and technology grant of around EUR600 per kilowatt of PV installed for new projects, or slightly more in the case of retrofitting battery storage to an existing PV installation. The remainder of the support comes in the form of low cost loans from Germany’s development bank, KfW. KfW announced this week that in the two years since the scheme was launched in May 2013, the rise of storage systems paired with PV bucks an overall trend that new solar installations for German households are falling.
    (source: renesola.com)
    08-07-2015 03:31 AM

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