ROSY OUTLOOK FOR EUROPEAN THIN FILM COMPANIES

An in depth look at the recent spate of investment in European thin film companies. The EU recently reinforced its commitment to renewable energy with an EU-wide directive that commits the EU to 20 percent renewable energy targets by 2020. Specifically from the solar industry perspective, a lot would depend upon Germany's continued support. Last month, the European Commission backed nearly €100 million euros ($129 million) in aid to two solar power projects in Germany.

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