Germany may end Subsidy to ground Solar Plants

by / Friday, 30 November 2012 / Published in Smartgrid-CI Blog

Whenever a sharp cut is announced in solar subsidy a massive surge of installations takes place
Germany has been the world’s largest market by solar installations and capacity for the last 5 years. The total installed capacity of solar energy in Germany has now touched almost 32 GW with almost 1 GW of solar power capacity installed in September 2012 alone. Germany has been trying to rein in the growth in German solar panels to 3-5 GW a year from the current rate of 7-8 GW a year. However despite repeatedly cutting feed in tariffs for solar energy production, the growth has refused to stop. The Chinese solar panel producers have reduced prices by almost 80% in the last 3-4 years as overcapacity has meant that the price decline in solar systems has not stopped despite numerous bankruptcies…
Sneha Shah
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