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Solar & Alternative Energy

Solar industry glare attracts tech groups

Financial Times
15 February 2011

A wave of investment into the solar industry by Asian technology companies is evidence that large tech groups believe the global solar industry is on the cusp of an economic breakthrough. The entry of cash-rich South Korean and Taiwanese companies could also spur consolidation in a fragmented sector.

Global annual investment in solar could double from €34bn ($46bn) last year to €70bn by 2015, according to a joint report released this month by the European Photovoltaic Industry Association and Greenpeace.

Full story from Financial Times