Wednesday, May 21, 2008

Debate over solar energy in Germany lowers outlook


This sad stretch of eastern Germany, with its deserted coal mines and corroded factories, epitomizes post-industrial gloom. It is a place where even the clouds rarely seem to part.

Yet the sun was shining here the other day - and nowhere more brightly than at Q-Cells, a German company that last year overtook Sharp, a Japanese company, to become the world's largest maker of photovoltaic solar cells. Q-Cells is the anchor tenant in a flowering cluster of solar start-ups here, known as Solar Valley.

Thanks to its aggressive push into renewable energies, a cloud-wreathed Germany has become an unlikely world leader in the race to harness the sun's energy. It has by far the largest market for photovoltaic systems, which convert sunlight into electricity, with roughly half of the world's total installed capacity. And it is the third-largest producer of solar cells and modules, after China and Japan.

See full Article.