Good news for the Bailout Cheerleading Gang as the top German Court refused to block the emergency aid to Greece which had been approved by the Legislature on Friday. Top Economists of Germany which had filed a petition to block the aid as it violated the EU Charter failed in persuading the court to stop […]

Last week the markets were hammered due to the spreading of the Greek contagion with Euro falling , sovereign debt CDS of the PIIGS increasing daily and markets dropping at a frightening pace. Give this backdrop you would expect some sort of a Weekend Measure from the EU which has come in this form of […]

We all know what happened in Spain in 2008.Due to extremely generous feed in tariffs for solar , installers went on a spree installing 2.5 GW of solar in 6 months compared to the world’s global capacity till date of lessĀ  than 20 GW . This led to a sharp revision and crash of the […]

Germany seems to be set to reduce solar FIT by 16% for rooftops and 15% for ground mounted installations. Despite speculation that the FIT cuts would be lower,there seems to be no changes asĀ  the 1.5 GW installed in December would have sealed the fate of the cuts . There is already forecasts of 5 […]