Climatewire reports:
A massive reduction in solar subsidies enacted by the German Parliament last week will all but shut down the photovoltaic market in that country starting next year, Citigroup analysts said in a research note.
One of the first victims was Q-Cells, once the world’s largest solar-cell maker, which filed for insolvency yesterday after a German court’s ruling cast doubt on its efforts to negotiate with its creditors…
Finally!
Common sense prevails!