Sunday, November 22, 2009

German PV industry puts cards on table

Solarpraxis reports that the German the PV sector will make a specific offer for a compromise to the new governing coalition: a further one-off reduction in rates of 4.5 percent effective July 1 followed by a further reduction of 4.5 to 5 percent on January 1, 2011.

Since rates are expected to be reduced by 8 to 9 percent per year anyway, depending on how fast the market grows, this offer essentially would leave the rates for 2011 more or less the same, with an added interim reduction introduced for Q3 and Q4 2010.

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