03 Apr '12, 4pm

More German PV Pain at Solar Developer Phoenix Solar: This is what a solar shakeout looks like. This is also t...

More German PV Pain at Solar Developer Phoenix Solar: This is what a solar shakeout looks like. This is also t...

This is what a solar shakeout looks like. This is also the last breath of what was once Germany's solar manufacturing dominance. Yesterday we reported that Q-Cells , Germany's -- and once the globe's -- largest solar manufacturer, was on the brink of bankruptcy. The once-dominant solar company lost hundreds of millions of dollars in the last year. Last week we reported the bankruptcy of thin-film manufacturer Odersun . That follows the failure of CSP developer Solar Millennium and crystalline silicon module supplier Solon in December of last year. Phoenix Solar, a Bavaria-based solar project integrator and developer, has become the latest casualty in the German solar industry. It's rarely a positive sign when a firm must delay its annual report. Here's the English translation of the bad news from the Phoenix Solar website . Owing to considerable cuts in the feed-in tariffs...

Full article: http://www.greentechmedia.com/articles/read/More-German-P...

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