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Solar & Alternative Energy

Germany stays on top of solar power league

Germany has reinforced its status as the world leader in solar power generation, after less stringent cuts in renewable energy subsidies than had been anticipated.

Although not the world's sunniest country, Germany is among the global leaders when it comes to the number of solar panels adorning household roofs.

In what is seen as a victory for Germany's growing legion of solar cell makers and suppliers, proposed cuts in subsidies of up to 30 per cent have been watered down to only 9-10 per cent a year until 2011.

Full story from the Financial Times.