Solar Stocks Plunge as Germany Vows to Quicken Subsidy Cuts

Bloomberg
"Economy Minister Philipp Roesler has said spiraling costs linked to solar subsidies are a threat to the economy. Roettgen on Jan. 18 indicated concern that the funds are benefiting Chinese companies. “The increase in installations in the past few years has gone far beyond what we had targeted in our legislation,” Roettgen said yesterday. He said the subsidy overhaul would be handled “quickly.”