Qatar Solar has purchased a stake in SolarWorld AG to give the firm a much needed fiscal boost. Called the BMW of solar panel producers, the German firm has been struggling to compete against China’s flood of cheap, generic photovoltaic panels. Although it is Germany’s largest solar panel producer, Arabian Gazette reports, SolarWorld AG has struggled to get off its knees since Germany cut its Feed in Tariff (FiT) – a subsidy system first instituted…
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Qatar Solar Buys into Germany’s SolarWorld
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