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Quick note: Bundesrat definitively OKs German FIT cut

Last-ditch efforts by Germany’s solar power industry to ease cuts in the country’s generous feed-in tariff yielded only minor concessions, according to an article from Power-Gen Worldwide.

Following negotiations between the two houses of the German parliament, the feed-in rate will be reduced by up to 13% as of July 1, followed by a further 3% cut in October. Actual rate reductions will depend on the size and type of installation. Under the original plan passed by the Bundestag this spring, the full 16% cut would have taken effect this month.

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