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Solars cautious on future after strong Q2

Wed, 08/11/2010 - 4:25am
Reuters

FRANKFURT/NEW YORK (Reuters) - Solar power equipment companies say the industry faces a fresh price slump next year as subsidies in top global market Germany, which boosted second-quarter results, are set to be reduced further.

German solar wholesaler Phoenix Solar, module maker Aleo Solar and SunPower, the U.S. market leader, all either pointed to flattening demand for solar products in Europe's biggest economy or falling selling prices for solar products next year.

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