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.Obviously this is not good for the PV panel makers.
Subsidies may be cut by as much as 15 percent from July 1, the newspaper said in an e-mail.
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