German solar firms boost capacity to meet demand

Germany’s solar companies are driving up capacity to meet strong demand for renewable energy, while access to silicon remained the make-or-break factor for their second-quarter results on Tuesday.

An analyst who asked not to be named said: “You can really tell from the results which companies have good silicon contracts and the ones which haven’t.”
“Many other countries are now adapting energy laws similar to the German one,” said Theo Kitz, analyst at Merck Finck.

“You can still earn good money there,” he said, adding that demand in Germany could decline next year as the German government is due to review its renewable energy law, which could lead to lower feed-in tariffs for renewable energy.

Countries like the United States, Spain, Portugal and Italy were particularly interesting, he said.

Washington Post