German solar industry sees sales doubling by 2010

[jpak]

http://www.reuters.com/article/rbssTechMediaTelecomNews/idUSL1120370920080611

ZURICH, June 11 (Reuters) - The German solar energy industry has earmarked investments of more than 7 billion euros ($10.9 billion) for the next three years and expects to almost double sales by 2010, the industry association BSW said on Wednesday.

The industry aims to speed up the innovation process and wants to further expand production facilities with the investment, BSW said in a statement.

Sales are seen rising to more than 13 billion euros in 2010 from about 7 billion last year, with about half expected to come from outside Germany, it added.

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Last year, about 200,000 solar panels to generate heat and electricity were installed on German rooftops, driving the overall figure up to 1.5 million, the association said.

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[truedelphi]

1. The Germans have wisely goobled up a huge amount of the world's

Useable solar cells!

Wise for them, dumb for us...