The
degression
will
take
effect
after
new
installations
continued
to
run
above
a
government-set
target
corridor
of
2.5GW-3.5GW
of
new
capacity
annually.
“Although
new
installations
have
slowed
down
somewhat
toward
year-end,
the
legally
envisaged
corridor
(…)
in
the
period
again
has
been
exceeded
clearly,”
said
Jochen
Homann,
president
of
the
Federal
Network
Agency.
The
high
level
of
installations
for
most
of
last
year
prompted
a
change
in
legislation
that
provides
for
a
faster
degression
of
FITs
than
previously.
In
a
bid
to
control
FIT
payments,
Germany’s
government
last
year
adjusted
the
system,
allowing
for…
