First Solar Expects German Market to Shrink, Handelsblatt Says
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First Solar Inc. expects the German solar market to shrink in 2011, Handelsblatt reported, citing an interview with Chief Executive Officer Rob Gillette.
The German market, which was until now the biggest market for First Solar, will only represent 25 percent to 30 percent of the company’s revenue at the end of next year, Gillette told the newspaper. North America will become the biggest market, the CEO is cited as saying.