The German government and federal states have agreed on cuts to the country's solar feed-in tariff (FIT), according to a Reuters report.
In May, a bill adopted by the German Parliament for reducing solar subsidies went before the government's mediation committee, per a decision from the German Federal Council, due to opposition to the FIT cuts.
According to the Reuters report, the mediation committee could approve a compromise deal on Germany's solar FIT as early as Wednesday.
Under the new compromise agreement, one-off cuts in incentives of 20% to 30% from April would remain, and FIT incentives would be capped at 52 GW of capacity, according to Reuters. Additionally, projects between 10 kW and 40 kW would receive a FIT rate of 18.5 eurocents/kWh.