Owners of solar panels will no longer be guaranteed high prices for selling their electricity after Chancellor Angela Merkel's cabinet decided on Wednesday to cut consumer subsidies for solar power.
The German government wants to slash its support to the solar energy industry to prevent the market from overheating, a member of Chancellor Angela Merkel's Christian Democrats (CDU) said on Tuesday.
The aristocratic house of Thurn und Taxis wants to build the world's largest solar park in Bavaria. But as <b>Kyle James</b> reports, the plans have angered their commoner neighbours.
German conglomerate Siemens on Thursday announced the purchase of Solel Solar Systems, a maker of panels used in power plants harnessing the sun's rays to generate electricity.
German Chancellor Angela Merkel’s new centre-right coalition could slash subsidies to the country’s already beleaguered solar energy manufacturers, business daily <i>Handelsblatt</i> reported on Tuesday.
Buffeted by the bad economy and growing competition from Asia, German solar energy firms are facing financial ruin just as the industry fears the new government will abandon them.
Organised gangs of thieves have become so expert in removing solar panels from rural roofs that the police force in Lower Saxony has formed a special task force to fight it.
Twelve companies on Monday launched a €400-billion ($560-billion) German-led initiative to set up huge solar farms in Africa and the Middle East to produce energy for Europe.
The Hessian town of Marburg has decided to make the installation of solar panels compulsory on all new buildings, and any older ones which are renovated or altered.