As the industry had predicted, installations plunged, accelerating the demise of the country’s once-dominant PV manufacturing sector and fuelling the insolvency of developers such as SAG Solarstrom.
Since then, steep monthly degressions in the feed-in tariff (FIT) and repeated rounds of FIT cuts have meant that the German solar industry has continued to struggle. This year, it will fail to meet the government target of 2.4-2.6GW
