Germany's balcony solar boom: Small-scale power hits record highs
3:13 PM EDT, April 26, 2024
Investment in balcony photovoltaics in Germany has hit record levels, spurred by regulatory changes that make installing these systems easier. Their popularity among apartment block residents is also tied to the spike in electricity prices, which, following the outbreak of the conflict in Ukraine, went from about $0.35 to $0.47 per kWh.
Record increase in balcony photovoltaics in Germany
Statistics highlight the growing demand for balcony installations in Germany. In 2023, around 330,000 such photovoltaic systems were installed in Germany, and there are no signs of this trend slowing. Support from local authorities and declining prices of photovoltaic panels are driving this phenomenon. For instance, in Berlin, residents can receive a subsidy of 550 USD for installing panels on their balconies.
According to the Bundesnetzagentur, the German energy market regulator, Germany installed 50,000 balcony photovoltaic systems in the first quarter of 2024, bringing the total number of such solar power plants in the country to over 440,000.