Renewable sector is flexing its muscles in Germany, with solar production up 28% and wind up 19% during the first half of 2014.
Japan has nine times Germany’s renewable energy resources, but produces nine times less electricity from renewables. That’s because Japan’s government allows utility monopolies to protect their profits by blocking competitors.
Large industrial power users in renewable-focused Germany will pay 35% less for their electricity next year than those in nuclear powered France.
With about 37,007 megawatts (MW) of solar PV power installed in 2013, world solar PV power capacity increased about 35% to 136,697 MW.