German Electricity Over 17 Percent Renewable

By Germany Trade And Invest, PRNE
Sunday, February 27, 2011

Japan Renewable Energy Week: PV Expo and FC Expo 2011

BERLIN and TOKYO, March 1, 2011 - Germany's homeowners choose renewable energy. The share of
renewable electricity in German homes surpassed 17 percent in 2010 and solar
installations doubled. This demand is drawing companies to Germany's
renewable energy industry. Germany Trade & Invest will have representatives
at the International Photovoltaic Power Generation Expo and International
Hydrogen & Fuel Cell Expo as part of the Japan Renewable Energy Week from
March 2-4 in Tokyo.

Germany's solar market remains the largest in the world, with
new systems in 2010 totaling over 7 GWp and amounting to approximately half
of the world market. Germany also accounts for Europe's largest share of
installed wind capacity at over 27 GW through 2010.

"With record demand every year in Germany and growing markets
across Europe, it's not surprising that many of the world's biggest solar and
wind players are located here," stated Tobias Homann, Senior Manager for
Photovoltaics at Germany Trade & Invest in Berlin.

Completing the Picture - Energy Storage and Fuel Cells

The growing supply of fluctuating energy is increasing demand
for energy storage. Germany has broadened its framework for R&D and for the
commercialization of energy storage technologies. The federal government
expects renewable energies to account for 35 percent of Germany's electricity
mix by 2020 and 80 percent by 2050, with further investments in energy
storage a prerequisite.

"Germany has the right conditions for the rapid development of
the energy storage and fuel cell industry. The combination of renewable
energy generation, innovation and demonstration projects makes Germany an
optimal location for companies looking to enter this budding industry,"
stated Raphael Goldstein, Senior Manager for Energy Storage and Fuel Cells at
Germany Trade & Invest.

For Japanese companies looking to expand their business to
Germany, Germany Trade & Invest has just released its new investment guide to
Germany in Japanese. For more information, contact Iwami Asakawa, Japan
Representative in Tokyo at iwami.asakawa@gtai.com.

Germany Trade & Invest is the foreign trade and inward
investment promotion agency of the Federal Republic of Germany. The
organization advises foreign companies looking to expand their business
activities in the German market. It provides information on foreign trade to
German companies that seek to enter foreign markets.

    Germany Trade & Invest
    Andreas Bilfinger
    Email: andreas.bilfinger@gtai.com
    T: +49(0)30-200099-173
    F: +49(0)30-200099-111

Germany Trade & Invest, Andreas Bilfinger, Email: andreas.bilfinger at gtai.com , T: +49(0)30-200099-173, F: +49(0)30-200099-111.

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :