Get the latest tech news
Germany has too many solar panels, and it's pushed energy prices into negative territory
Germany has installed a record number of solar panels. But consumers aren't starting to use them fast enough.
Sunny days in Germany mean gray clouds for solar profitability as the nation's dive into renewables has left it with too much energy. Unless new installations are spurred on by subsidies or power purchase agreements, oppressed profitability could eventually halt Germany's solar expansion, Schieldrop said. The European market has raced to install solar capacity through last year, a move made urgent after Russia cut off its energy supplies to the continent.
Or read this on r/technology
