Final FIT regime from Germany & other stuff - C. deR

See me for the full report.



Transition Period Introduced for Germany Solar Tariff Cuts: Recent negotiations between the lower house and the upper house points toward lower cuts than initially expected for 3Q10, but we see little impact to overall German demand picture.

Spain to Address Renewable Tariff Cuts Through Broader Energy Overhaul: Certainly a positive relative to last month's announcement of immediate retroactive cuts, but extent of cut-backs are yet to be determined and could still be significant.

Copenhagen Undertakes Substantial Wind Initiative: The project itself represents real wind demand in the coming years, and potential for major bandwagon effect if successful.

Chinese Province Sets Power Purchase Price for PV: Many installers have been waiting for such initiatives in China, and we think that they will waste little time entering the market and drafting contracts. This could also be the first of many similar measures in other provinces.

Malaysia Targeting 2.1GW of Renewable Energy by 2020:The government is introducing legislation which will lead to a FiT being introduced in late 2011 that is expected to lead to 1.7GW