Fly On The Wall reported this morning that the German government will meet today in an attempt to agree on a unified plan for the reduction of the German FIT according to Collins Stewart. The lower house passed legislation in May calling for a 16% reduction to the roof-top FIT and a 15% cut to the FIT for ground based systems. Collins Stewart doesn’t expect any changes to come out of today’s meeting.
REASON I dont like Solars, too much dependence on governments and governments WITHOUT MONEY are going to cut back, note SPAIN slashing their subsidies today!