2012-02-02
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2011 is being looked back on in the global solar industry for many negative qualities. Primarily, a collapse in profitability in solar photovoltaic (PV) manufacturing led to companies restructuring, layoffs, plant closures, and even a number of bankruptcies. Late in the year a vicious trade dispute sharply divided the U.S. PV industry, which also saw significant negative press, most notably the fabricated scandal of the Solyndra DOE loan guarantee. However, all of this obscures the fact that global PV, concentrating solar power (CSP) and concentrating photovoltaic (CPV) industries continued to grow in 2011, at some times and in serveral regions dramatically.
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