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German Ministers Discuss Solar Subsidies as April Cut Reported

Feb. 3 (Bloomberg) -- German Environment Minister Norbert Roettgen and Economy Minister Philipp Roesler, who disagreed on solar-power subsidies, are in talks to draw up a joint policy as a local newspaper said payments may be cut as early as April.

The ministers in Chancellor Angela Merkel’s government met on Feb. 1, are in “intensive” discussions and plan to table a combined proposal to adjust solar power subsidies “as quickly as possible,” Frauke Stamer, a spokeswoman for Roettgen, said in Berlin today. Ann-Christin Wiegemann, Roesler’s spokeswoman, also confirmed the talks at the briefing for journalists.

Germany may cut the state’s support as early as April to contain an expected rush in installations in the first half, Rheinische Post said yesterday, without citing anyone.

The ministers disagreed after Germany, Europe’s biggest renewables market, installed a record 7.5 gigawatts of solar panels last year, more than double the government’s target.

To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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