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DUESSELDORF, Germany (Reuters) - A goal of limiting new installations of solar panel capacity to 3,500-5,000 megawatt (MW) a year makes sense, Frank Asbeck, board member at BSW, Germany's largest solar industry association, said on Thursday.

"This would have worked in 2011, if the German market had not been flooded by Chinese modules at dumping prices by the end of the year," he said.

German solar industry representatives meet with Environment Minister Norbert Roettgen later on Thursday to discuss ways to address soaring demand for solar modules.

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