New Energy
Germany’s Solar Boom Eases Power Costs as Gas Price Jumps
A floating solar farm in eastern Germany.
Photographer: Ralf Hirschberger/AFP/Getty ImagesGermany is seeing unusually strong solar power output in March, helping to cap electricity prices even as the conflict in the Middle East drives up the cost of energy worldwide.
The country’s solar installations will feed more than 40 gigawatts of electricity into the public grid at noon on Friday for the fifth day in a row, according to data from the Fraunhofer Institute. Last year, there were only four days with this level of solar generation in the entire month of March.