KOREAN   |   ENGLISH 

  Market & Policy  |   Project & Contract  |   Technology & Product  |   Corporate News  |   Product News  |
  Cell & Module  |   Production & Inspection  |   Component & Power  |   Solar Material  |
  Worldwide  |   Europe  |   North America  |   APAC  |   Others  |
  Cell & Module  |   Production & Inspection  |   Component & Power  |   Solar Material  |
  Cell & Module  |   Production & Inspection  |   Component & Power  |   Solar Material  |   Agent & Dealer  |
  Free Event Listing
  2012 JUN Issue   |   What is Digital Magazine?  |  How to use  |  Archives  |  Subscription  |  iPad / Mobile  
 
  Tigo Energy

20% More Energy

Market & Policy

Project & Contract

Technology & Product

Corporate News

Product News


<JUN, Issue, 2012>
Cover Story :
DEGER equips two solar parks in Bosnia-H...
Table of
  Contents
Market & Policy

Home > News > Market & Policy

European Incentives in Flux as Demand Spreads Globally

Spain, Germany and the U.K. have recent activity updates on PV incentives.

Over the past few weeks, European incentives have shown their volatile nature in light of the regions financial crisis--with at least one country (Spain) citing internal debt as the reason for its subsidy cuts. According to Lux Research, the three markets with recent activity are:

 

1. Spain. The country has suspended payment of all feed-in tariffs for new solar projects, effective immediately.

2. Germany. The largest solar market worldwide has seen talk of a 1 GW cap on annual installations subside. However, the notion of cutting Feed-in Tariff (FiT) levels monthly (they are currently reduced annually) remains very much alive, though whether or not the plan could be implemented by April 1 is unclear. Germanys Environment Minister, Norbert Roettgen, has stated that he would like to stabilize the market at 2.5 GW to 3.5 GW of new installations per year, without a hard cap.

3. U.K. After the Department of Energy and Climate Change (DECC) moved to immediately halve the U.K.s feed-in tariff for residential and commercial systems, that countrys Supreme Court declared the cuts illegal. After an appeal by the DECC, the Courts ruling was upheld. The proposed lower FiT rates will now come into effect beginning March 1, 2012.

 

Though Spain and the U.K. have been relatively weak European markets of late, this sudden news will certainly stunt any potential growth. Further, monthly incentive reductions in Germany would be hurtful--even smaller residential systems usually require at least four weeks for permitting prior to installation, meaning system owners would not have a certain idea of the incentive they would receive prior to installation.  

Broadly, the cuts serve to advance an already present trend in solar demand: growth wide (into many new markets and geographies) rather than tall, or in higher volumes. Expect slowing demand growth short-term while Europe declines, prior to the rise of emerging markets like China and South Asia.

 

 

For more information, please send your e-mails to pved@infothe.com.

2011 www.interpv.net All rights reserved.

 

 

 

 

 
 

     German Solar Market Will Remain Attractive for Residential Investments despite Incentive Cuts

     Four Sustainability Trends to Watch in 2012



Portable solar ...
Polyurethane fo...
Wire Bonding Ma...
Paultec Co., Lt...
Technox Inc.
COSTAR Co. Ltd.
Home l New Product Showcase l Gold Suppliers l Trade Shows l email Newsletter l About InterPV l Help l Site Map l Partnerships l Privacy Policy
Publisher: Choi Jung-sik | Edited by: Lee Sang-yul | Youth Protection Officer: Lee Sang-yul
Copyright Notice 2004-2007 www.interpv.net Corporation and its licensors. All rights reserved.