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World Solar Car Race 2001, 2003, 2005, 2007: the winner TUD Nuna - page 29 / 45

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German successful strategy

More than €10 billion were invested in PV systems since 2000

More than €2 billion were invested in manufacturing plants since 2000

– About 40 companies produce silicon, wafers,

  cells, modules and inverters

– Modern and automated production lines

– Strong technological development and

  increased R&D activities

– Improved efficiency, improved products

Falling costs for PV systems of

– approx. 25% from 1999 to 2003

– 60% from 1991 to 2003

– price reduction of 10% since June 2006

Loy Energy Consulting, 9/2007

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