Germany’s Solar-Energy Industry Predicts 44% Cut in Power Price
BLOOMBERG - Germany’s solar industry said the government’s proposed price cuts for electricity generated from the sun may reach 44 percent when combined with reductions already written into law.
The price per kilowatt hour of solar power generated with photovoltaic panels could fall by almost half over a one-year period through 2011 should the government go ahead with a proposal to slash rates by April, said Carsten Koernig, head of the Berlin-based BSW, in an e-mailed statement.
