| Government source rejects heavy subsidy cuts in Germany |
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The recent speculations that Germany might cut subsidies for solar energy sector significantly in the coming years is now rejected by a government source. According to the source is a decrease in input tariffs by 30% not conceivable. According to the source a number closer to 15% should be expected. The German solar companies have been under pressure this year due to speculation about how large cuts in subsidies will be. Possibly, this could become a catalyst for companies though the final announcement could be delayed as long as at May 2010. Feed-in tariffs is of great importance for the German solar industry, which employs 280 000 people and accounts for the majority of the solar energy produced in the world.
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Save Earth Fund invests in renewable energy, environmental technology and water management through actively managed funds, ETFs and stocks. The fund is the only of its kind in Sweden. Our aim is to generate a return that clearly exceeds that of the MSCI World index, with a lower than the average risk of environmental funds. No minimum investment. The management fee is 1%. Daily subscriptions/redemptions. Mr Carl Bernadotte, Mr Marcus Grimfors and Mr Alexander Jansson are responsible for managing the fund. Learn more about our managers here. |