Support rate for German solar power cut as expansion runs ahead of schedule
Federal Network Agency
The German Federal Network Agency (BNetzA) has decided to reduce the support rate for new solar power installations as capacity expansion in the sector exceeds the level determined by the government, the agency says in a press release. The support rate will be cut by 1 percent per month for all solar power installations that start operation between the beginning of August and the end of October 2018, the BNetzA says. The government’s expansion path stipulates a gross capacity expansion of 2,500 megawatts (MW) in 2018.
Find the press release in German here.
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