Solar panels are mounted on poles above a hops field near Au in der Hallertau, Germany, Wednesday, July 19, 2023.
Matthias Schrader/AP Photo
- Germany has installed more solar capacity than consumer demand requires, SEB Research found.
- During peak solar production hours, producers have taken a 87% price cut in the past 10 days.
- In fact, raw market energy prices fall into negative territory during these hours.
Sunny days in Germany mean gray clouds for solar...