Special Issue: Top Plants

July 2006
Power;Jul/Aug2006, Vol. 150 Issue 6, p14
Trade Publication
The article focuses on the Renewable Energy Law (REL) in Germany. Such legislations around the world will help encourage the use of renewable sources of energy. Companies and individuals investing in renewable energy sources will be guaranteed fixed tariffs under the REL. Investors investing in photovoltaics (PV) will get an incentive from the German government of 51 cents per kilowatt hour over 20 years. The incentive will decrease by 5 percent a year. PV projects have become very attractive due to Germany's PV funding program which offers zero-interest loans and as a result more than 40 megawatt of PV systems have been installed in one year.


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