Clean cuts: Renewables outlook hinges on subsidy changes

Clean energy investors watch on nervously as the US wind industry and Germany's solar PV sector become the latest victims of drastic subsidy cuts and phase-outs.

Two of the world's largest clean energy markets, Germany and the US, were at the centre of concerns last week about the outlook for investment in renewable power.

In the US, the wind turbine industry sounded its loudest warnings yet that installation of new wind farms will collapse in 2013 if a key support measure, the Production Tax Credit, is allowed to expire as scheduled at the end of this year.

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