German Solar Installations Priced at $2.24 per Watt (US Solar at $4.44 per Watt)
The Federal Solar Industry Association (BSW-Solar) have reported that the average German solar system price in the second quarter of 2012 is estimated at €1.776 per watt peak, or $2.24 per watt peak at current exchange rates. Considering that the German solar market is dominated by rooftop installations (72 percent of installations in 2011 were