Germany's Solar Sector

Filed in archive Solar on November 30, 2006

The mercedes benz commercial talked about how the Germans have developed an art form in car manufacturing. Could it be the same for solar power technology? Germany claims to be going after leadership in the solar power industry, and they might just be the current leaders.

Germany's solar technology sector is a sunny industry for the European giant, as shares of Germany's leading solar power companies are enjoying high share prices and even larger market demand. With about 10% of the country's total energy requirements coming from the alternative resources sector and with 25% of that contribution coming from solar power, German companies now are looking at even stronger growth in the coming years, surpassing their current total output of about 3 Billion Euros. Excited about this development too? Read here for more information.