Germany to Cut Solar Power Incentives by July

Since being put into place in 2000, Germany has quickly become the world's largest market for photovoltaic (PV) installations. This market faces risk of a sharp decline in photovoltaic sales as the German government, pending Parliamentary approval, plans an 11-16 percent cut to the feed-in tariffs that were established with the Renewable Energy Act. The cut would be instituted by July 1st and would be the second cut to Germany's renewable energy program this year, the first having occurred in January.
The proposed measure would cut incentives for rooftop solar by 16 percent, reduce incentives to areas such as dumps and old military bases by 11 percent, and completely cut all incentives for farms and other agricultural locations. Proponents of the measure cite a decline in prices, oversupply of materials and rapid growth in the industry as reasons for the proposed cuts.
via Calgary Herald














RT @cleangreenpro: Germany to Cut Solar Power Incentives by July http://bit.ly/9Opqqm #eco #cleantech #greenbuilding #renewableenergy
Germany to Cut Solar Power Incentives by July http://bit.ly/9Opqqm #eco #cleantech #greenbuilding #renewableenergy
[...] lower house of parliament officially approved significant cuts to the government subsidies for solar power on Thursday. Industry experts claim the German Renewable Energy Act passed in 2008 — whose [...]
[...] is not the only country rethinking subsidies. Germany announced in January that it also plans to cut 15% of the solar roof installation subsidies and 10% of the farmland [...]
[...] due to its hefty subsidies, just cut its subsidy by 10 percent. And the subsidy is slated to be cut another 15 percent this [...]
RT @buildaroo: Germany plans cut on solar power incentives - 16% by July http://bit.ly/9Opqqm #renewableenergy #cleantech #energy #green #eco
RT @buildaroo: Germany plans cut on solar power incentives - 16% by July http://buildaroo.com/news/article/german... #renewableenergy #cleantech #energy #green ...
RT @buildaroo Germany plans cut on solar power incentives - 16% by July http://bit.ly/9Opqqm #renewableenergy #cleantech #energy #gree...
RT @buildaroo Germany 2 cut solar power incentives 16% by July http://bit.ly/9Opqqm #renewableenergy #cleantech #e... http://bit.ly/cDmANb
RT @buildaroo Germany 2 cut solar power incentives 16% by July http://bit.ly/9Opqqm #renewableenergy #cleantech #energy #green #eco: G...
RT @buildaroo Germany to cut solar power incentives 16% by July http://bit.ly/9Opqqm #renewableenergy #cleantech #energy #green #eco: ...
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