Germany to cut solar tariffs by April?

Germany is expected to reduce solar feed-in tariffs by July 2010, but a report on Reuters Thursday said that the German government will move ahead early with a 16%-17% reduction in its solar incentive scheme by this April. Though the source was an anonymous source fueling speculation on solar stocks. Most solars stocks like CSIQ and TSL dropped almost 20 percent over the last 2 trading days right after this was reported. We can only speculated if this was done on purpose to lower shares. It was also options expiry week too. Though, a move to reduce solar tariffs quickly would be difficult for Germany to pull off due to the government approval process. So this news report may be unfounded

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