‘Sexy’ No Longer, Solar May See More Consolidation, Hanwha Says
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Tumbling oil prices will maintain pressure on the solar industry to consolidate by drying up investor interest in building new factories, according to an executive who just carried out a $1.2 billion merger. Dong Kwan Kim, chief commercial officer of*Hanwha SolarOne Co. (HSOL), said the industry has been “unfairly penalized for oil prices” and that...
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