Germany Adds 1,900 Megawatts of Solar Power in Quarter, FTD Says
German solar-energy installations more than tripled in the first quarter as developers raced to beat subsidy cuts, Financial Times Deutschland reported, without saying where it got the information.
Germany added almost 1,900 megawatts of panels in the period, compared with 513 megawatts a year earlier, the newspaper said. The government plans to reduce solar subsidies in the country, the second-biggest market for the industry, starting April 1.
The Bundesnetzagentur grid regulator and the Environment Ministry didn’t immediately return calls seeking comment.
To contact the reporter on this story: Stefan Nicola in Berlin at email@example.com
To contact the editor responsible for this story: Reed Landberg at firstname.lastname@example.org
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.