Germany will not cut its feed-in tariffs for solar in Q4 2015, the first time that deployment was insufficient to trigger a reduction, the country’s federal grid operator has confirmed.
The subsidy has fallen by 0.25% or 0.5% on every quarter since the installed capacity-linked reductions were introduced. Installations for the previous 12 months had to be in the range of 2.4GW to 2.6GW but official figures on the Bundesnetzagentur website show deployment at just over 1.4GW in the last year.
The rolling 12-month count now incorporates summer of 2015 instead of summer of 2014. A total of just 529MW was installed during June, July and August this year.
The rates of 10.71-12.7 euro cents/kWh will now be guaranteed to remain in place until the end of the year. The rate depends on the size of the system and whether it’s subject to the market premium model whereby electricity is sold to the grid at a topped up price or receives a fixed FiT.