German mediation committee proposes PV cuts compromise

Under the proposal, a smaller 13 percent cut for rooftop installations would be applied, retroactively, from July 1. Incentives for open space plants and converted spaces would be cut by 12 percent and eight percent respectively, said the committee.

It added that from October 1, incentives should then be lowered once again, each by an additional three percent, which would see the cuts set at the German parliament’s original proposal.

The Bundesrat und the Bundestag are set to vote on the committee’s new proposals by the end of the week.