German solar power installations at record high in 2012

BERLIN (Reuters) - New solar power installations in Germany hit a record high last year but tapered off in the fourth quarter as subsidies were cut to curb costs to consumers, Environment Ministry data showed on Saturday.

BERLIN (Reuters) - New solar power installations in Germany hit a record high last year but tapered off in the fourth quarter as subsidies were cut to curb costs to consumers, Environment Ministry data showed on Saturday.

Capacity grew by more than 7.6 gigawatt (GW), breaking the previous records of 7.5 GW in 2011 and 7.4 GW in 2010, and far above the 2.5 to 3.5 GW Berlin would like to see each year.

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