Slovakia seeks to cut green energy subsidies

Annual subsidies for renewable energy installations could be cut by up to 20%, according to a draft law tabled by the Slovak government this week

Annual subsidies for renewable energy installations could be cut by up to 20%, according to a draft law tabled by the Slovak government this week. The law, which is already going through parliament, is likely to be adopted in early 2013.

Another plan is to limit the subsidies for photovoltaic (PV) installations to those with a capacity of no more than 30 kilowatts. The size of the installations eligible to the so-called feed-in tariffs has already been scaled back to 100 kW following an unanticipated solar boom in the member state.

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