The feed-in tariffs in Germany wont be cut on July 1. "Only 700 MW were installed," Environment Secretary Katherina Reiche (CDU) told Thursdays Financial Times Deutschland. This figure has been confirmed by the Germany grid agency (Bundesnetzagentur).
As such, expectations are that a projected 2.8 gigawatts will be installed throughout 2011. This figure falls rather short of industry expectations, however, as pv magazine heard during this years Intersolar Europe, held last week in Munich, that between 4.5 to five GW worth of photovoltaic systems will be installed this year.
Furthermore, analysts at Jefferies & Company believe that between five and six GW could be installed. In an industry note issued, they commented: "Our estimates are still for 5.5 GW this year in Germany. We recently polled some 50 industry participants throughout the value chain at Intersolar in Munich last week with consensus sticking to five to six GW for the year."
If just 2.8 GW are installed, this would even be less capacity than the government had originally envisioned in its targets, which had projected between three and 3.5 GW.
"The clear market decrease in the past months shows that no clearance exists for a still faster sinking of solar electricity," explained Carsten Körnig, managing director of Germanys solar association, BSW-Solar. He warned the government, with an eye on the upcoming amendments to Germanys renewable energy law (EEG), against further cutting the countrys solar incentives.