Collins Stewart: German Govt Meeting Today For Solar Feed In Tariff Plan

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10:01:29 am on June 16, 2010

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.

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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!

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