Lithuanian FIT Cuts Dampen Solar Development, But Net-Metering May Rekindle Industry

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feature-0-1384786804793.jpg The early 2013 decision of the Lithuanian government to slash the generous feed-in tariffs (FITs) has dealt a blow to the solar industry in the Baltic country. However, those who stayed in the solar business scrambled to launch or ramp up solar equipment production to align it with the heavily funded European Union’s scientific research.

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