BERLIN and FRANKFURT, Germany, September 23, 2012 /PRNewswire/ --
Germany installed roughly 320 MWp of solar power in August, according to initial reports. This addition has bumped Germany past 30 GWp, the first country in the world to reach this level of photovoltaic capacity. German solar installations make up more than the rest of Europe combined. Germany Trade & Invest industry experts will share the latest trends at this week's EUPVSEC from September 24-28 in Frankfurt.
"Positive market developments and ongoing changes in the industry underscore Germany's position as the global frontrunner in solar power," stated Tobias Rothacher, photovoltaic industry expert at Germany Trade & Invest in Berlin.
Most recently, Solarion AG opened its first flexible thin film solar cell plant in the former East German state of Saxony. The company aims to target the commercial rooftop market for on-site consumption.
As the industry matures, the market segment of homes and businesses that consume the energy they generate is expected to see the strongest growth. Leasing, power trading and plant management are up-and-coming service sector fields that are driven by the commercial rooftop market.
Visit http://www.gtai.com/pv-industry-overview for a full report on Germany's photovoltaic market, released by Germany Trade & Invest this month.
Germany Trade & Invest is the foreign trade and inward investment promotion agency of the Federal Republic of Germany. The organization advises foreign companies looking to expand their business activities in the German market. It provides information on foreign trade to German companies that seek to enter foreign markets.
SOURCE Germany Trade & Invest