German Solar-Power Subsidy Cuts Passed by Upper House
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Germany’s upper house of parliament backed reductions in solar-power subsidies of as much as 16 percent after offering the industry an extra three months to adjust to the cuts.
The measure trims so-called feed-in tariffs for solar power fed into Germany’s electricity grid by 16 percent for rooftop equipment, 15 percent for farmland and 11 percent for spaces such as former industrial or military sites, effective July 1.