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Germany To Scrap Subsidy For Rooftop Solar
Germany To Scrap Subsidy For Rooftop Solar
Germany is planning to abolish fixed feed-in tariffs for small rooftop solar installations as of 2027, saying that falling costs have made the technology economically sound without subsidies (narrator: "it isn't"), Bloomberg reported on Friday, citing a draft proposal for reforms it has seen.
At present, rooftop solar installations of any kind are eligible for guaranteed tariffs. But this could change in a few months, if the government approves the proposal of the German economy ministry to have subsidies abolished for projects of less...
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Submitted by Michael Every of Rabobank
While mediators are pushing to get Iran and the US back into negotiations on Friday, the US still says it wants to see unified response from Iran which hands over its enriched uranium. But what will change between now and Friday? Two things, perhaps, and both pointing towards an expected escalation before any deal.
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