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Germany May Cap Solar Energy Subsidy Per Unit, Berliner Reports

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Feb. 10 (Bloomberg) -- Germany is considering capping subsidies for new solar energy installations, Berliner Zeitung reported, without saying where it got the information.

New units would receive subsidies for no more than 900 kilowatt hours of output per year and kilowatt of generation capacity, the newspaper reported in an e-mailed preview of a story to be published tomorrow. Output per kilowatt installed capacity can reach as much as 1,100 kilowatt hours in southern Germany, the newspaper said.

German Environment Minister Norbert Roettgen and Economy Minister Philipp Roesler are in talks over adjusting solar subsidies 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. A decision probably will be taken next week, the newspaper said.

To contact the reporters on this story: Naomi Kresge in Berlin at nkresge@bloomberg.net; Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net

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