Germany’s nuclear shutdown policy is good news for solar company
Germany Shuns Nuclear, Could Boost First Solar, Forbes, Jun. 2 2011 by Trefis Team First Solar has reason to rejoice after the German government announced it plans to phase out all its nuclear power plants by the year 2022. [1] The resulting deficit in power will be addressed by expanding the use of renewable sources.
First Solar has been the single largest provider of solar modules to Germany in the recent past and should be able to capitalize its strong presence in the German market to make the most of this opportunity. First Solar is one of the biggest players in the competitive solar components industry and is engaged in the manufacturing and sale of solar modules with an advanced thin film semiconductor technology. It competes with other solar industry players like SunPower, Suntech Power, LDK Solar and Yingli Green Energy Holding Com.
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