A significant reduction in new PV capacity in Germany has been forecasted by EuPD Research for 2013.
The market research firm has guided that it expects only 3.9GW of new capacity to be installed in the country this year, compared to 7.6GW installed in 2012.
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Reductions in FiT rates have been cited by many industry observers to finally curtail new installations in Germany, yet to date this has not happened as module prices have declined to compensate for the ROI shortfall.
EuPD’s figure for 2013 is actually lower than that expected from the German Ministry of Environment, which has previously guided installations to be in the range of 3.5 – 4.5GW. Government figures have proved to be significantly lower than actual figures.
According to EuPD, peak installations are expected to take place mid-year (June and July), creating a noticeable slump in the second-half of the year that will lead to intense competition from module manufacturers and installers, which could lead to a wave of installer consolidation.