Over 50% of Germany's Solar PV is Owned by...............

Over Half of Germany's Renewable Energy Owned By Citizens & Farmers, Not Utility Companies

January 6, 2012 - Germany's promotion of renewable energy rightly gets singled out for its effectiveness, most often by me as an example of how to do things well versus the fits and starts method of promotion common in the US. Over at Wind-Works, Paul Gipe points out another interesting facet of the German renewable energy saga: 51% of all renewable energy in Germany is owned by individual citizens or farms, totaling $100 billion worth of private investment in clean energy.

Breaking that down into solar power and wind power, 50% of Germany's solar PV is owned by individuals and farms, while 54% of its wind power is held by the same groups.

In total there's roughly 17 GW of solar PV installed in Germany—versus roughly 3.6 GW in the US (based on SEIA's figures for new installations though the third quarter of 2011 plus the 2.6 GW installed going into the year).

Remember, Germany now produces slightly over 20% of all its electricity from renewable sources. read more>>>