The German government and Länder (Federal States) have reached an agreement on solar feed-in tariff (FIT) cuts. Under the deal, incentives will be capped for installed capacity of 52 GW (28 GW currently installed). Subsidies for solar panel will be cut 20-30% retrospectively from April 2012 depending on the size of the installation. Medium-sized rooftop installations will receive more funding than was initially planned by the Bundestag (creation of a new installation category for 10 kW-40 kW rooftop installations, which will receive €18.5c/kWh, above the €16.5c/kWh originally mooted).
Plans to remove FIT support altogether for projects larger than 10 MW remain in place and the annual target of 2.5-3.5 GW of new installations without further cuts will remain too, though the government wanted to cut this gradually.
Furthermore, the government plans to ensure the creation of a technology open incentive program with low interest credits to support decentralized storage solutions.
Interested in Global Energy Research?
Enerdata's premium online information service provides up-to-date market reports on 110+ countries. The reports include valuable market data and analysis as well as a daily newsfeed, curated by our energy analysts, on the oil, gas, coal and power markets.
This user-friendly tool gives you the essentials about the domestic markets of your concern, including market structure, organisation, actors, projects and business perspectives.