Germany's Solar Industry Faces Cloudy Future As Demand Slows ...Middle East

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Germanys Solar Industry Faces Cloudy Future As Demand Slows
source : OILPRICE ( Middle East ) () 87
Germany’s solar boom has slowed to a trickle and turned into a bust for domestic manufacturers of solar panels and PV system installers and providers.   Following a breakneck surge in solar power installations in 2022 and 2023 at the peak of the energy crisis, German solar capacity additions slowed toward the end of 2024, with residential installations bearing the brunt of the decline in demand.   Households were more eager to have rooftop or ‘balcony solar’ installed in 2022 and 2023, when power prices in…

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