Apparently Germany will not cut solar subsidies as much as had been expected according to draft legislation released today. They are now planning a 15% cut for solar parks built after July 1st (less than the 25% previously expected), while rooftop system subsidies will be cut by 16% (same as previously expected). Nothing is set in stone yet as the constantly changing rumors indicate and these numbers may very well change when lawmakers meet … Read the rest
Tag Archives: solar subsidies
Piper Jaffray: Germany Hasn’t Made Subsidy Decision
According to Street Insider, Piper Jaffray’s solar analyst, Jesse Pichel, issued a research note saying that “there were no proposals from the industry or specific demands from the Environmental Ministry of Germany” related to the solar subsidies. Solar stocks didn’t recover at all on this research note and continue to drift to the lows of the day after it was reported by Reuters that Germany would cut solar subsidies by 16 – 17% in … Read the rest
Solar Stocks Hit As Germany To Cut Subsidies 17%, Possibly More In 2011
Solar stocks have been hit hard over the past hour as Reuters reported Germany would begin cutting subsidies by 16 – 17% in April. German cuts have long been expected, but some had called for a 10% reduction later in the year, so this is a bit more than what some expected. Not to mention solar stocks (the China names in particular) have been on a tear, so any negative news was bound to throw … Read the rest