Germany today began to end months of uncertainty surrounding the proposed changes in its feed-in tariff regime which has been responsible for the sustained growth of the German solar industry. Germany’s Bundesrat, the lower house of their bi-cameral system, agreed to amendments that have shifted the incentives away from the larger scale solar field instillations on cropland.
The focus of the new round of incentives is aimed at creating more small scale self consumption installations that will encourage the urbanised take up of photovoltaic solar panels. However, this new ‘retrospective’ change will reduce the existing tariff for rooftop panels by 13%. So the tariff will reflect the maturing market for solar in Germany, while the field tariff will be completely abolished.
The changes reflect the lower cost of the components required for the solar PV market and the fact that Germany is approaching grid parity, the point at which the cost of solar power is the same as that of fossil fuel production, sooner than expected.
To read the full, original article click on this link: NewNet News - Germany’s feed-in cuts back on field installations
Author: NewNet
