According to the most recent EUPD Research prognosis, a record amount of 800 MWp of small-sized PV systems up to 10 kWp is expected for the year 2020, following an installed capacity of 427 MWp in the first half of 2020. Decreasing PV system prices and rising electricity costs make self-consumption solutions increasingly attractive. EUPD Research’s EndCustomer Monitor 10.0 reveals: More PV system owners are seeking to optimize self-consumption and are planning to purchase electric vehicles and electricity-based heatings.
Bonn. In line with the overall market development, Germany has witnessed a steady growth of new, small-sized photovoltaic (PV) installations since 2015. Following record levels in the first six months of 2020, EUPD Research forecasts a further market growth for the second half of 2020, based on a recent analysis. In total, the Bonn-based market and economic researcher expects 108,000 small-sized PV systems under 10 kW in 2020, which will amount to an installed capacity of 801 MWp. This will result in year’s new installations in this segment surpassing the previous record year 2011 with 760 MWp.