German Solar Subsidy to Drop to Third of Japan’s on Installs
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Germany, the biggest solar market by installed capacity, will this year reduce subsidy payments to power-plant developers to a third of Japan’s support level as installations continue to outpace government targets.
Germany’s feed-in-tariff will shrink 1.8 percent a month from August through October, the Bundesnetzagentur grid regulator said today in an e-mailed statement. In October, it will for the first time drop to below 0.1 euros ($0.13) a kilowatt-hour for plants sized between 1 megawatts and 10 megawatts.