2012: Disaster Movie or Will the Romance Continue?
By Bettina Weiss Executive Director, PV Group, SEMI
"2012" is a 2009 American disaster film starring John Cusack that depicts a series of catastrophic natural disasters stemming from a massive solar flare. Some analysts are beginning to talk about a real 2012 solar energy disaster, as German feed-in tariffs become further reduced or capped.
According to industry analysts, EuPD Research, future German Renewable Energy Sources Act (EEG) revisions due in mid-2011 could lead to a market cap of only 3 GW[1] in 2012 in a "worst case scenario", reducing world solar demand by a whopping 6.8 GWp, or 37% off anticipated 2011 levels. Such a market catastrophe would rival any nightmare scenario imagined by Hollywood, and underscores the risk associated with a global market so dependent on one nation's political consensus.
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Independent & Unbiased Solar Research
By Joe Berwind
California's FIT Program: Finding the Resources to Analyze the Market Price Referent (MPR)
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