Germany’s once world-leading solar industry is taking it on the chin due to cheap Chinese imports and subsidy cuts. Trade tensions are rising, as German solar companies hit the insolvency wall and Chinese companies gobble up productive assets on the cheap. […]
From this: To this: There were a number of good comments on John’s “German Policy Could Make Solar in America ‘Wunderbar’” post this week, but one comment stood out to me as a great comment for a reader guest post. So, I’m posting that below (with some minor edits). … [continued]
Germany’s solar power output surged 60% in 2011 and renewable energy overall rose to account for just shy of 20% of national electricity production. While German solar power industry participants are facing stiff challenges – substantial solar feed-in tariff cuts will be coming into effect in 2012 and a global glut of solar PV modules is putting serious pressure on margins – other factors support a fundamentally sound outlook for the sector in 2012 and beyond.
