>>> German Econ Min Gabriel looking to cut the support price paid for electricity from solar and wind power generators by about a third by 2015

German Econ Min Gabriel looking to cut the support price paid for electricity from solar and wind power generators by about a third by 2015 - financial press- Report noting that under the draft proposal "the feed-in tariffs paid to renewable power generators will be cut to an average across all technologies of 12c/ kWh by 2015 from 17c kWh." - Looking for the reduction to start taking effect for some new projects from as early as next week. ***NOTE Dec 2013: (DE) European Commission plans to open procedure against Germany over its renewables support legislation - press citing draft documents