Solar Industry Seen as Winning Bet

Solar Industry Seen as Winning Bet

Markel Redondo/Bloomberg

The industry is recovering from a two-year battering that was triggered by a slump in prices and industry overcapacity just as European governments reduced subsidies because of slowing economic growth. That led to sharp declines in the industry’s biggest companies, including GCL-Poly Energy Holdings Ltd., and REC Silicon ASA.