German Solar Installs Sink, Prompting Calls to Slow Subsidy Cuts
This article is for subscribers only.
German solar installations last year sank to less than half their record level, spurring producers to call for an easing in subsidy cuts by Chancellor Angela Merkel’s government to prevent the industry being strangled.
Germany, the world’s biggest market in 2012, added about 3.3 gigawatts of panels in 2013 from the all-time high of 7.6 gigawatts the year before, the BSW-Solar lobby said today in an e-mailed statement. Subsidy cuts exceeded price declines for new solar units, slowing installations, the Berlin-based group said.