That was so for Fugger times. Residential real estate are among the preferred forms of investment in the long run successful, wealthy individuals and institutions”. For more information: to Christoph Marloh, Managing Director at real estate 24. Julie Sweet understood the implications. The Kingdom of Spain had published a new law on 24.12.2010, whereby the reduction in support for PV installations by 15% for the next 3 years will be held. The reduction is also currently producing installations. It is made although the promotion as in the Federal Republic of Germany “is paid by the consumer”.

In the years 2008 and 2009 German solar Fund had invested 630.000.000 euros in Spanish solar plants. Significantly leveraged Fund must waive payments soon or are in danger of being driven. It appears uncertain whether complaints by foreign donors before Spanish courts success will be granted. On 3rd March 2011, the Italian Government had the decision of the Government Law (decreto out) to the implementation of the directive 2009/28/EC to promote the use of energy from renewable sources (“new energy Decree”) made known. Contrary to expectations, the Decree of 6 August 2010 (“Conto Energia 3”) had awakened, is endangered with the adoption of the new decree the disposition and continuation of currently ongoing investments in serious way. Thus, permanent damage can be added to the entire solar energy industry in Italy. The adopted changes can cause a very soon from private investments, as well as the financing by banks and stop new projects. The new energy Decree provided that the subsidy rates of the applicable since January 1, 2011 conto energia 3 are realized only those photovoltaic systems, which are actually connected to the network until no later than 31 May 2011. All PV systems, which are connected to the network after May 31, 2011, received by a new decree to erlassendes no later than 30 April 2011 to be determined tariffs.