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OKIsItJustMe

(19,938 posts)
Mon Jan 7, 2013, 11:04 AM Jan 2013

German solar power installations at record high in 2012

http://www.reuters.com/article/2013/01/05/germany-solar-idUSL5E9C50TR20130105
[font face=Serif][font size=5]German solar power installations at record high in 2012[/font]

By Thomas Seythal
BERLIN | Sat Jan 5, 2013 8:18am EST

[font size=4] Jan 5 (Reuters) - New solar power installations in Germany hit a record high last year but tapered off in the fourth quarter as subsidies were cut to curb costs to consumers, Environment Ministry data showed on Saturday.[/font]

[font size=3]Capacity grew by more than 7.6 gigawatt (GW), breaking the previous records of 7.5 GW in 2011 and 7.4 GW in 2010, and far above the 2.5 to 3.5 GW Berlin would like to see each year.

The solar boom has been encouraged by generous feed-in tariffs, which are guaranteed to generators for 20 years to encourage carbon free power to gradually replace fossil fuels.

But renewable energy has become politically divisive as businesses complain the shift away from nuclear power towards subsidised renewables is adding to consumer costs and jeopardising economic growth.

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German solar power installations at record high in 2012 (Original Post) OKIsItJustMe Jan 2013 OP
kick samsingh Jan 2013 #1
+1 progressoid Jan 2013 #2
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