The country installed a record 3,000 megawatts of new panelsin December, the Bonn- based Bundesnetzagentur, the network regulator, saidthis month.
The prospect of a glut of power may drive the margin fromburning coal to generate electricity, the so-called clean-dark spread, as lowas 5 euros a megawatt hour by July, according to UBS AG.
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