Is SMA a sustainable company?

With over 3,200 employees worldwide, including 2,200 in Germany, and a stock market value of around €1.7 billion, SMA is the largest company in the German solar industry; it is also listed in various rankings as one of the most innovative and of the most sustainable companies in Germany.

How much energy does Germany use in 2023?

Energy in Germany is obtained for the vast majority from fossil sources, accounting for 77.6% of total energy consumption in 2023, followed by renewables at 19.6%, and 0.7% nuclear power. On 15 April 2023, the three remaining German nuclear reactors were taken offline, completing its nuclear phase-out plan.

Does Germany have solar power?

Although Germany does not have a very sunny climate, solar photovoltaic power made up 4% of annual electricity consumption. On 25 May 2012, a Saturday, solar power reached a new record, injecting 22 GW of power into the German power grid. This met 50% of the nation's mid-day electricity demand on that day.

What percentage of Germany's electricity is renewable?

In 2016, renewable energy based electricity generation reached 29.5%, but coal remained a factor at 40.1% of total generation. Wind was the leading renewable source at 12.3%, followed by biomass at 7.9% and solar PV at 5.9%. In 2020, renewable energy reached a share of 50.9% on the German public grid.

What is Germany's energy policy?

Key to Germany's energy policies and politics is the "Energiewende", meaning "energy turnaround" or "energy transformation". The policy includes nuclear phaseout (completed in 2023) and progressive replacement of fossil fuels by renewables.

Does Germany have a nuclear power plant?

Germany was the fourth-largest producer of nuclear power in the world, but in 2000, the government and the German nuclear power industry agreed to phase out all nuclear power plants by 2021, as a result of an initiative with a vote result of 513 Yes, 79 No and 8 Empty.