Solas Power has learned from a German PV expert that it has been mooted that the FIT will go up again. However, this has not been offically confirmed and it is believed that this is not finally decided yet.
Although, the FIT for wind will be very much supported as wind turbines are more efficient and generate more energy.
IT is believed that the FIT for PV will probably be frozen until end of this year but nobody knows when or whether it will really come into force.
This week during the Intersolar in Munich everybody hopes that there will be a final decision made, but politicians are slow and the lobby of the nuclear power is always very strong and in opposition to support renewables.
Investing in the future of energy is in all our long-term interests but, for those with foresight, the monetary returns could occur sooner than you think.
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