Germany’s conservative government is now considering a 16 percent cut in the country’s solar feed-in tariff, which utilities are obligated to pay solar power producers. That’s slightly higher than the 15 percent cut that was being discussed up until now.
Bloomberg News, citing local German media, reports that the steeper subsidy cuts would come into effects on June 1. They were originally set to go into effect on April 1 and a couple of weeks ago we reported that the German Environment Ministry was considering delaying the proposed cuts from April 1 to May 1.
Cuts in the feed-in tariff for solar power generated on farmland remains unchanged at 25 percent and will come into effect on July 1.