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Solar industry sales slump: down 74.2% from 2011 to 2014.

WIESBADEN: In 2014, companies in Germany achieved a turnover of 3.7 billion euros with goods and services from the solar industry. Compared to 2011, the last economically strong year, this corresponds to an overall decline in turnover of 74.2% or 10.6 billion euros. The crisis in the solar industry in Germany was already apparent in previous years: turnover totalled 9.5 billion in 2012 and 5.1 billion in 2013. The declining economic importance of the solar industry in Germany is primarily due to negative developments in the photovoltaic industry. Between 2011 and 2014, sales of photovoltaic systems and components fell by 75.5 % from 13.3 to 3.3 billion euros. Turnover also fell sharply in the solar thermal sector - from 1.0 billion euros in 2011 to 0.4 billion euros in 2014. Detailed results can be found in the specialist series "Turnover in environmental protection goods and services, 2014". Further information on the survey can be found in the environmental economics section.

The German Solar Energy Society DGS has commented on the developments in a pointed manner: www.dgs.de/index.php?id=3364&type=0#13585 (5th article in the newsletter of 22 July 2016)
Source: Press release destatis.de


Keywords: DE-News, Renewable, PV, Environmental policy
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