trending Market Intelligence /marketintelligence/en/news-insights/trending/nMxVjbje_0oXYRUmsu7k6g2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

German solar body warns of 'severe damage' to industry as subsidy cap looms


S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper

German solar body warns of 'severe damage' to industry as subsidy cap looms

The German solar association is urging lawmakers to speed up the implementation of new renewables legislation, laid out in a September 2019 draft which, if transposed into law, would see the country's current 52-GW cap on solar subsidies lifted, paving the way for more installations.

BSW Solar said in an open letter on Jan. 9 that, with 50 GW of capacity currently installed in Germany, the 52-GW threshold could be reached by April. "There is an acute need for action," the group said. "Even a temporary subsidy stop for new solar units would cause a collapse in demand, resulting in severe damage to the solar industry."

The government's credibility on climate policy, as well as investor confidence, would sink if the subsidies were allowed to expire, the group added.

The way forward for renewables in Germany, which is also planning its exit from coal power, is subject to fierce debate. A lack of agreement on the issue meant that the finalization of the legislation was pushed to March 2020.

BSW Solar asked in its letter that lawmakers scrap the capacity cap via a fast-tracked early bill "in the beginning of the year," and follow up with a plan for the expansion of renewables in the spring.