German Solar Industry Counts On New Government Backing
REUTERS - Germany's solar industry can look ahead to continued state support despite a victory by center-right parties that are widely expected to cut subsidies, senior sector figures told Reuters on Monday.
Chancellor Angela Merkel's conservatives (CDU) and the business-friendly Free Democrats (FDP) secured a parliamentary majority on Sunday, enabling Merkel to end her awkward four-year-old partnership with the Social Democrats (SPD).
"The CDU as well as the FDP have both clearly shown support for the renewable energy act," Frank Asbeck, the chief executive of Solarworld, one of Germany's largest solar energy companies, said in a telephone interview.
And the head of the German BSW solar industry association, Carsten Koernig, said: "The solar industry, with its 80,000 staff, has become the backbone of Germany's mid-sized businesses."
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