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RNCOS Research - New regulations providing a boost to Germany PV Industry

Released on = April 30, 2006, 11:52 pm

Press Release Author = RNCOS

Industry = International Trade

Press Release Summary = RNCOS Research: (http://www.rncos.com/Report/IM031.htm) With
the introduction of the German Renewable Energies Act, the PV Industry in Germany is
now all set to register a boom in the global photovoltaic industry.

Press Release Body = RNCOS Research: (http://www.rncos.com/Report/IM031.htm) The
latest feed-in regulation, which provides higher paybacks for solar energy, has
caused a sudden favorable jump in the German PV industry. This new German Renewable
Energies Act (EEG) makes sure that the eco friendly photovoltaic installations are
made feasible enough due to the great payback rates for the electricity fed to
grids. EEG also removes the maximum capacity of field installations.

As per a recent market research report named, “Photovoltaics - A high potential
market opportunity (2005-2010)” published by RNCOS, “With the rapid growth in the
number of small installations on 1-2 family homes with 30m² of solar modules as well
as the large installations with 10,000m² & above, the German Solar Industry
Association expects a significant growth of 35% for the current year”.

As per experts, “The current state of the regulatory framework for PV in Europe can
be described as a very assorted one with a great level of differences between the
Member states and their time planning”. However the experts anticipate that the
current boom should result in an annual reduction of 5% in the cost of solar power.

With a large number of newly installed PV stations, Germany holds more than 70% of
the overall European PV market. Also, German companies have invested more than 1 Bn
Euros in setting up solar industries.

Besides providing a detailed analysis of the photovoltaic industry along with its
overall impact on the European union, the report also lists the main countries that
are working for the development of PV. Also, the report covers a thorough discussion
of terrestrial photovoltaic sectors such as technology, segmentation and so on.

Major market trends in the photovoltaic industry, Regional market analysis,
Applications of PV technology, company analysis of key players in photovoltaic
industry and various government support programs and market projection till the year
2010 covered in this report make it a must read!

About RNCOS:
RNCOS, formed in 2002, offers Market Research Reports for your business needs and
aims to put an end to your information pursuit. Our expertise in gathering global
business information for industry research, corporate training, growth consulting,
and business consulting, brings reputed companies and firms to us for business
enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM031.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com

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