Germany may trim solar power incentives
Germany may trim incentives for solar power producers next year but still aims to double the proportion of energy it generates from renewable sources by 2020, despite overcapacity and a subdued economic outlook.
By Erik Kirschbaum and Christoph Steitz BERLIN/FRANKFURT, Dec 16 (Reuters)
Senior government and industry officials told Reuters both sides want to work together in January to reform the Renewable Energy Act (EEG), which regulates a gradual annual drop in feed-in tariffs, to reflect a steeper overall slide in costs.
Officials from both sides said any added reduction in the state-mandated fees that utilities pay for photovoltaic power would be moderate and designed to prevent damaging a fast-growing sector that has created tens of thousands of jobs.
