"Cheap imports of silicon solar photovoltaic (PV) panels from China, sharp cuts in subsidies, and the ongoing euro zone debt crisis is taking a heavy toll on Germany’s once world-beating solar energy industry. “The golden era of the German solar energy sector is over.''
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Cheap imports of silicon solar photovoltaic (PV) panels from China, sharp cuts in subsidies, and the ongoing euro zone debt crisis is taking a heavy toll on Germany’s once world-beating solar energy industry.
“The golden era of the German solar energy sector is over,” according to a June 16 Deutsche Welle (DW) article. “At its peak, Germany had a 20-percent share of the global solar energy market, but now the figure stands at just 6 percent. After a rapid decline in recent months, more job cuts are expected to hit the industry.
“The golden era of the German solar energy sector is over,” according to a June 16 Deutsche Welle (DW) article. “At its peak, Germany had a 20-percent share of the global solar energy market, but now the figure stands at just 6 percent. After a rapid decline in recent months, more job cuts are expected to hit the industry.
Source: Clean Technica (http://s.tt/1eLQy)
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