German PV array halt warning

The BSW fears new arrays will grind to a halt

The BSW fears new arrays will grind to a halt

A too rapid reduction of feed-in tariffs (FITs) is all but ending the installation of solar arrays in Germany, limiting the solar market to rooftop systems, the German industry federation BSW Solar claims.

After a market collapse this year, almost no more solar arrays are in planning for 2014, the BSW says.

The urgency of the BSW’s warning became apparent today as Freiburg-based solar developer SAG Solarstrom said it will file for insolvency after refinancing negotiations failed. One of Solarstrom’s main business areas is the installation of large solar arrays.

“The reduction of support below the critical 10-cent-mark is coming too early,” BSW managing director Carsten Körnig says.

FITs for solar arrays of up to 10MW as of 1 January 2014, will go down to €0.947 per kilowatt hour, the Log in to read complete article.

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