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Analysis: Lower wind and solar prices to usher speedier adoption

Tue, 02/15/2011 - 5:27am
Reuters

LONDON (Reuters) - Rapid recent solar and wind price falls are likely to bring new markets and mass adoption a step closer over the next decade and raise the prospects of mergers.

The financial crisis coupled with a ramp-up in China, which now leads the world wind and solar manufacturing, have led to over-capacity and pressured prices in the past three years.

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