Germany kicking off home solar battery boom as prices drop

by Brian Parkin, Bloomberg

Solar battery sales in Germany are poised to boom as prices for the facilities continue to drop and homeowners turn to generate their own electricity to shield against rising power prices, the BSW solar lobby said.

Total solar battery installs in Germany exceeded 100,000 units this summer and at the current rate of growth may double by 2020, the group said on its website. Prices for batteries have halved since 2013 and now every second builder of a rooftop solar system buys a storage unit, the industry body said.

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