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Tuesday 18 October 2011

Dark clouds threaten solar makers' future


(Reuters) - What a difference a year makes.

In late 2010, solar panel makers were sold out, Germany was gobbling up record numbers of the clean energy systems, and new markets were steadily growing.

Now, the erosion of subsidies in Germany and Italy, the world's two biggest markets, and rising production of the panels that turn sunlight into electricity has left the industry awash in a glut of equipment and driven panel prices down by some 35 percent this year.  Read Here

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