21 Jun '11, 3pm

In Solar World, a Tale of Two Policies

In Solar World, a Tale of Two Policies

The approaches highlight the often stark tacks taken by German and American policymakers as both economies negotiate their way through a turbulent global economy. In Germany, the feed-in-tariff is seen by many policy leaders as a way to foster economic growth while promoting energy independence. In New Jersey, America’s second biggest solar market, the governor is hoping to bring down electricity rates for all while making the case that the solar industry no longer needs its current support structure. Germany saw 700 MW of new solar PV capacity added to its grid in March, April and May. Factored over the course of a year, the 2,800 MW of new capacity would fall short of the 3,500 MW threshold set last year. As a result of the weaker projections, German officials have decided not to scale back the tariff on July 1 as they did last year . Germany, the world’s largest solar m...

Full article: http://www.renewableenergyworld.com/rea/news/article/2011...

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