BSW: German solar system demand to grow by “double-digit percentage” in 2023

Rooftop solar in Germany. Credit: Bundesverband Solarwirstchaft

The Bundesverband Solarwirstchaft (BSW), a German solar power trade body, has announced a number of forecasts for the future of German solar, including a “double-digit percentage” growth in the country’s demand for solar power systems by the end of the year.

The BSW’s figures are encouraging reading for those involved in the solar sector, with the group also reporting that the demand for solar-coupled batteries “will grow exponentially for the fifth year on end”.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The body pointed to a survey it had conducted in May, where 77% of property owners polled said they could imagine themselves purchasing a solar system to generate electricity or heat, as further evidence of Germany’s growing interest in the solar sector.

“Almost all signs continue to point to growth,” said Carsten Körnig, managing director of BSW. “Solar power systems are inexpensive, the number of skilled technicians is on the rise, the supply situation is improving and market barriers are increasingly being removed.”

The news follows earlier figures from the BSW, which suggest that domestic solar power will be a driving force in the future of Germany’s clean energy sector. According to BSW figures published in February, the number of domestic roof-mounted solar installations increased by 40% from 2021 to 2022, helping drive 7.2GW of new capacity added in 2022, a 28% increase in the volume of capacity added, compared to the previous year.

However, questions remain as to how Germany can meet the ambitious solar power targets set by its own government. Despite the growing demand for solar power in Germany, supply has lagged behind, with just 67.5GWp of capacity installed at the end of 2022, according to BSW. The government is targeting the installation of 215GW of solar capacity by 2030, so Germany’s solar output will need to almost triple by the end of the decade.

Power Purchase Agreements (PPAs) could be a means to involve German companies in the decarbonisation process, which have struggled to make headway in solar installations. In 2022, the number of solar installations on German businesses fell to 1.2GW, around one-third of the capacity installed on domestic rooves.

Earlier this year, the average price of a solar PPA signed in Europe fell for the first time in two years, and this lowering of prices could encourage companies who have not yet signed renewable power agreements to consider investing in PPAs.

26 November 2024
Málaga, Spain
Understanding PV module supply to the European market in 2025. PV ModuleTech Europe 2024 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
11 March 2025
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

July 10, 2024
The PPA will allow GKN Automotive to source power from Recurrent Energy's Rey I solar PV project located in Seville, Spain.
July 10, 2024
The US generated 236.12TWh of power last year, while in Germany over 12% of power was produced by solar, the highest among all G7 countries.
July 9, 2024
German engineering firm Belectric has secured a contract to build a 135MWp solar PV project in Denmark, expected to be operational in 2025.
July 8, 2024
The company talks to PV Tech about challenges and opportunities in the solar PV market in Europe, as well as its manufacturing capacity.
July 5, 2024
Germany generated more power from renewable energy sources in the first half of 2024 than at any other time in its history, according to a report from the Fraunhofer Institute for Solar Energy Systems (ISE).
July 3, 2024
Demand for new solar projects and the falling cost of manufacturing could present an opportunity for European developers, such as Holosolis.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia
Solar Media Events
October 8, 2024
San Francisco Bay Area, USA
Solar Media Events
October 15, 2024
Santiago, Chile
Solar Media Events
October 22, 2024
New York, USA