Your expert for questions
Heiko Stohlmeyer
Director, Renewable Energies at PwC Germany
Tel: +49 171 3344297
Email
Solar energy – or photovoltaics (PV) – has become a central pillar of renewable energies in Germany and plays a key role in the country’s energy transition. Germany has made considerable progress in the expansion of solar energy in recent years and is now one of the world’s leading countries in this field. Germany’s Renewable Energy Sources Act (EEG) has been a key instrument in providing financial support for solar energy systems, further strengthening the economics and acceptance of this sustainable energy source. Solar energy therefore has a key role to play in reducing CO2 emissions and switching to climate-friendly power generation in Germany. However, there are several technical, economic, legal and tax issues that need to be addressed before a photovoltaic project can be successfully implemented.
Our experts have decades of experience in this field. Leverage our expertise and specialised global and multi-disciplinary industry network to ensure the success of your project.
Continue reading to find out more about us. Or give us a call. We look forward to hearing from you.
PwC has been successfully advising its clients since the beginning of the photovoltaic boom in 2008 against the backdrop of a constantly changing legal framework. Our services range from strategy development to execution. We prepare market potential analyses, profitability calculations and financing models. When buying or selling projects, you can also rely on our many years of experience in due diligence and transaction services. Or you can draw on PwC’s extensive expertise in conceiving, financing and implementing new business ideas.
*Services are provided by PwC Legal AG.
Solar energy is experiencing a major boom in Germany, making a significant contribution to diversifying the energy mix and reducing greenhouse gas emissions. The Renewable Energy Sources Act (EEG) plays a central role in this by providing financial incentives for the production of solar energy and promoting the integration of solar energy systems into the national electricity grid.
The EEG establishes remuneration schemes that enable solar plant operators to feed the electricity they generate into the grid at a fixed tariff. These payments are a decisive incentive for investors and help to ensure the economic viability of solar projects. The provisions of the EEG have helped make Germany a pioneer in the use of solar energy and accelerated the expansion of photovoltaic systems.
A key difficulty is the volatility of solar energy production due to weather conditions and daily and seasonal variations. The development of powerful storage technologies and an intelligent grid infrastructure are therefore crucial to ensure a continuous supply of solar energy and to compensate for fluctuations in the electricity grid. Another obstacle is the limited availability of land for the construction of solar installations. Competition for suitable sites can lead to challenges in delivering new projects.
Overall, however, solar energy remains a key pillar of Germany's energy transition. The ongoing adaptation of the EEG to changing conditions, the promotion of innovations in solar energy technology and the integration of renewable energies into a flexible electricity grid are decisive steps in overcoming the challenges and in further optimising the contribution of solar energy to a sustainable energy supply in Germany.