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Solar Subsidy Cuts Sought by German Minister as Demand Slumps

Clean-energy subsidies should be cut in Germany, the second-biggest solar market in 2011, even as the industry struggles to cope with falling demand and prices, Economy Minister Philipp Roesler said.

Subsidies for wind, solar and biomass installations need to be brought in line with market realities, Roesler, of the Free Democratic Party, said today in Stuttgart.