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Cabinet backs cuts to solar power subsidy
solar

Cabinet backs cuts to solar power subsidy

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.
Germany aims to cut solar power subsidies
solar

Germany aims to cut solar power subsidies

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.
Siemens snaps up solar energy firm
solar

Siemens snaps up solar energy firm

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.