Plunging solar equipment prices fuel trade complaints
Story Date: 10/26/2016

 

Source: WRAL, 10/25/16

Use of solar power is soaring, but Europe's biggest solar panel manufacturer, SolarWorld, took the surprise step last month of cutting 500 jobs from its workforce of 3,000.  The reason? Global sales are on track for a record year but prices are plunging due to a glut of supply. That is encouraging the spread of clean energy but squeezing manufacturers, leading to politically sensitive job losses. 

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