Germany's April 1 solar incentive cuts were halted by the Bundesrat(Federal Council)for reviews.The review committee will announce its decision on June 27.Industry sources noted that demand in Germany has been healthy due to projects rushing to be completed and connected to the grid before September.
Germany planned to cut solar incentives from 20-40%on April 1.However,the program was soon rejected and parliament planned to vote on increasing subsidies in mid-June to prevent the significantly negative impact on the domestic solar industry.However,the committee between the government and Bundesrat decided to delay any final decisions to June 27.
Industry sources noted that it is unlikely the government and parliament will make a final decision on new incentive programe on June 27.However,this decision is an important factor that will influence the future of the solar industry.Without the announcement,it is difficult to predict price trends for solar products,added industry sources.
Taiwan-based solar cell makers noted that order visibility has been clear to July,meaning the price of solar cells is unlikely to fall in the short term.
Germany April 1 solar incentive cuts have been halted for reviews
