<blockquote>'It is a report that is bound to please Chancellor Angela Merkel. Just months after she expended significant political capital to guide Germany's future energy production away from nuclear and toward renewable sources, a report by a leading energy industry group indicates that production of renewables in the country is rising rapidly.
According to the report, released on Monday by the German Association of Energy and Water Industries (BDEW), renewables accounted for fully 20.8 percent of production during the first six months of 2011. "Renewable energies have crossed the 20 percent mark in Germany for the first time," the association said in a statement.
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The real change came in the photovoltaic sector, where output almost doubled -- up more than 76 percent since 2010. "Because of the volume of new photovoltaic installations and the amount of sun during the spring, solar energy knocked hydroelectric from third place for the first time," the BDEW said in a statement.
The BDEW saw two reasons for the boost in new installations: Equipment prices have plummeted by 50 percent since 2006, reflecting more competition, and the federal government decided against a planned cut in subsidies for private solar-power generation.'
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Green Energy Use Jumps in Germany, 08/30/2011</blockquote>
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(During the reorganization) - Trade: Greece, Turkey, Egypt, Italy</blockquote>