Germany using PV to reduce carbon emissions and strengthen economy

Germany is the world's largest PV market. It will add 1.5 gigawatts (GW) of installed PV capacity in 2007-an improvement over 2006 when it added 1.15 GW.
PV production is increasing because Germany is creating the conditions to make PV investments profitable.
For example, Germany's Renewable Energies Act (or EEG) sets a "feed-in tariff," above the market price, to be paid to producers of renewable energy when it is sold to utility companies. The law provides an incentive for property owners to purchase renewable energy equipment, thus creating a market for international investors that saw sales of EUR3.7 billion in 2006.