Germany Added Record Solar Panels in 2012 Even as Subsidies Cut
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Renewable-energy developers in Germany, the world’s biggest solar market, added a record number of panels last year even after subsidies were cut back.
Solar installations climbed to 7,634 megawatts, up 2 percent from 7,485 megawatts in 2011, according to figures from the Bundesnetzagentur grid regulator and the Environment Ministry. That was more than double the government’s maximum target of 3,500 megawatts.