Germany cuts the solar dole

“Shares in solar firms plummeted after a Reuters report that the German government plans to chop feed-in tariffs — prices utilities pay generators of renewable energy — as early as April, much more deeply and sooner than the market expected.

Analysts agree that the plans, which envisage a one-off cut of 16-17 percent on top of the 10 percent already set out in the German Renewable Act, will deal a major blow to the sector, which the German government thinks is overly subsidized now.  …

The solar industry depends on generous feed-in tariffs …”  “German Tariff Cuts To Spark Solar Sector Bloodbath

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