French Solar Cuts May Be Followed by Britain, BNEF Analyst Says
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France’s cuts to feed-in tariffs earned by ground-mounted solar photovoltaic installations may be duplicated elsewhere in Europe as solar- panel prices fall, according to Bloomberg New Energy Finance.
Rapidly declining costs associated with making solar PV panels are forcing governments to reduce the subsidies for clean energy shouldered by consumers when they pay for electricity from renewable sources, an analyst at London-based BNEF said.