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German solar boom strengthens critics of subsidies

Mon, 01/09/2012 - 3:23am
Reuters

FRANKFURT (Reuters) - New solar installations reached a fresh record of 7.5 gigawatts (GW) in Germany in 2011, playing into the hands of advocates for steeper cuts in tariff subsidies to reduce growth of solar power and the resulting higher costs for consumers.

The figure slightly exceeds the 7.4 GW recorded in 2010, German network regulatory agency Bundesnetzagentur (BnetzA) said in a statement on Monday.

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