A string of bankruptcies among German solar panel producers has led many to question the wisdom of Germany’s renewable energy policies.
However, according to energy journalist Craig Morris, the financial problems are part of a normal consolidation process taking place in the sector. He argues that a broader look at the entire value chain of the solar sector reveals that the German economy will continue to benefit from the country’s role as a first mover in solar energy: “In the middle of the value chain, cell and panel manufacturers are suffering everywhere. Further down the value chain, things look much brighter.”
