Monday, March 19, 2012

Solar Energy - Germany cuts back solar subsidies




In Germany, the government has had to pull back subsidies for solar power in homes because the scheme costs too much. Al Jazeera's Nick Spicer reports from Berlin.



In the News:




PV-Tech

Solar Turnaround Eclipsed by Subsidy Cuts
Wall Street Journal
Yet those gains largely evaporated Wednesday after Germany, the world's largest solar customer, accelerated a cut in subsidies. Investors hope Trina Solar, which reports fourth-quarter results Thursday, will tilt the mood back in a positive direction.
Solarworld Slides on Record Subsidy Cut Report: Frankfurt MoverBloomberg
German government cuts FiT from March 9PV-Tech

all 151 news articles »



German Lawmakers Discuss Delay in Cuts for Solar Subsidy
Bloomberg
Germany, the world's biggest solar- power market, may delay a plan to cut subsidies in the industry by at least three weeks to allow developers to complete projects, a lawmaker said. Chancellor Angela Merkel's coalition government is debating changes ...




Bloomberg

Subsidy cuts will hamper Q-Cells' turnaround effort
Reuters
... Feb 28 (Reuters) - Q-Cells , the struggling solar cell maker that postponed debt repayments late on Monday, will face a tough task getting back on its feet as the German government makes further cuts to the subsidies that prop the sector up.
Q-Cells's Freudian MilestoneWall Street Journal (blog)
Q-Cells Gets More Time to Pay Back $268 Million in BondsBloomberg
Q-Cells Gets Additional Time to Repay $268 Million in BondsBusinessWeek

all 14 news articles »



China Daily

Trina Leads Solar Stock Slump on German Subsidy Cut Plans: China Overnight
Bloomberg
Germany, the world's biggest solar market, will cut federal aid to the panel industry by as much as 29 percent from March 9 and further scale back subsidies each month beginning in May, Environment Minister Norbert Roettgen said yesterday.
Photovoltaics: 11 Trends to Watch in 2012Alternative Energy Stocks

all 107 news articles »



Firing Up China's Solar Market
BusinessWeek (blog)
With European governments considering further cuts in subsidies, NPD Solarbuzz reports, China might even finish the year as the world's largest solar market, ahead of today's leaders, Germany and Italy. Smaller Chinese companies that buy from panel ...

and more »



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