Green Investing Report by Conserv-A-Store week ending 12-16-11

For the Green Investing Report week ending 12-16-11 we focus on the continued massive changes in the Solar PV manufacturing market.

Here’s a brief report about German PV manufacturing which dominated the world a few years ago and is now under the same pressure from China and Taiwan that the US manufacturers are under.

“Workers in Germany’s once booming solar energy industry face a shakeout of major proportions following declines in the price of solar panels over the past year.

Cuts in subsidies for solar energy, weaker demand for panels and fierce competition from cheaper Asian rivals are eating into what was once the world’s biggest hub for the production of solar cells, taking the shine off an industry that was effectively born in Germany.

A decision by the German government earlier this year to phase out nuclear energy has done little to reignite the sector. The resulting power gap is likely to be filled by coal and gas rather than solar and wind energy………

Subsidies, or so-called feed-in tariffs, through which operators of solar panels receive a guaranteed price for the electricity they generate, made Germany the world’s largest solar market and had created 150,000 jobs by 2010.
But over the past two years, Germany has sharply reduced the tariffs, and a recent proposal to limit subsidies for new solar installations may seal the industry’s fate…..

Companies in China and Taiwan have dislodged their German peers as the world’s biggest suppliers of solar cells.”

for the entire article German Solar Firms go from Boom to Bust click here   

Here’s your Portfolio results for the past week courtesy of customwordpresssites.com/conservastore