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German CDU Wants Curbs on Solar Capacity Growth, FTD Reports

Members of Chancellor Angela Merkel’s Christian Democratic Union want to limit the growth in solar-panel installations in Germany because the rising costs to consumers may undermine the acceptance of alternative energy, the Financial Times Deutschland reported.

CDU lawmaker and energy-policy expert Thomas Bareiss said in a letter to Environment Minister Norbert Roettgen that the government should cut the guaranteed gratuity per kilowatt hour for newly installed solar panels by an extra amount on Jan. 1, the newspaper said.

Depending on installed solar-panel growth in the first months of 2011, additional special gratuity cuts for new installations should be introduced in the middle of the year, the newspaper cited Bareiss as saying.

The annual amount to be paid by consumers to subsidize environmentally friendly energy production will increase to 13 billion euros ($17.3 billion) on Jan. 1 from 8 billion euros, the newspaper said.

To contact the reporter on this story: Rainer Buergin in Berlin at rbuergin1@bloomberg.net

To contact the editors responsible for this story: James Hertling at jhertling@bloomberg.net

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