German solar sector in danger

One year after Germany steeply cut support for PV in an attempt to reduce consumers’ electricity bills, environment minister Peter Altmaier addressed several dozen journalists in a small, cramped room in the ministry’s building in Berlin.

“The reform works. The build-up of PV now is on a sustainable path,” he declared with a resolution government members like to display ahead of important elections. “You can assume that the build-up of new PV roofs won’t put any noteworthy strain on your wallet any more.”

But Altmaier’s dramatic declaration in July was somewhat ironic. A day earlier, PV group Conergy and EPC specialist Gehrlicher Solar had both filed for insolvency.  

While cut-throat prices from Chinese producers and the subsequent EU decision to slap anti-dumping tariffs on Chinese PV kit played some Log in to read complete article.

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