Germany's residential solar panel industry, once a booming sector, is now facing a downturn due to a sharp decline in consumer demand.
Even with a record-breaking 15GW of solar capacity installed in 2023, growth lost momentum in 2024, with only 16GW added — well below the 19GW per year needed to hit Germany's 2045 climate targets.
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Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.