Bloomberg News

Germany May Cut Solar Subsidy by 25% a Year, Bild-Zeitung Says

June 12, 2012

Germany may cut solar-power subsidies by 20 percent to 25 percent annually, Bild-Zeitung reported, citing Michael Fuchs, a lawmaker of the governing Christian Democratic bloc.

Cuts must mirror price drops for solar panels, the newspaper cited the lawmaker as saying in a preview of an article for tomorrow’s edition.

To contact the reporter on this story: Karin Matussek in Berlin at kmatussek@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@Bloomberg.net.


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