Tuesday, January 18, 2011

Subsidy Cuts Will Hurt Photovoltaic Solar Firms Like Evergreen Solar (ESLR)

From Bloomberg:

The German government may curb subsidies paid to solar-power poroducers earlier than planned, the Financial Times Deutschland newspaper reported, citing a paper prepared by the Environment Ministry.
Subsidies may be cut by as much as 15 percent from July 1, the newspaper said in an e-mail.
Obviously this is not good for the PV panel makers.

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