Prepare for a solar shakeout

Germany's decision to slash solar subsidy support puts further pressure on manufacturers but should ultimately sharpen the technology's competitive edge.

The decision by the world's leading solar power Germany to slash subsidy support will probably lead to similar moves across Europe and hasten a manufacturing shakeout through bankruptcies while sharpening the technology's competitive edge.

The announcement on Thursday of a 20-30 per cent support cut will cast a further pall over module (solar panel) makers, which will brace for added pressure on profit margins as they try to adjust selling prices in line with the new support tariff.


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