Crystalox Solar sees tough 2012 ahead

Solar wafers supplier PV Crystalox Solar warned of tough times ahead but said it remained committed to the solar industry after experiencing a difficult 2011.

Solar wafers supplier PV Crystalox Solar warned of tough times ahead but said it remained committed to the solar industry after experiencing a difficult 2011.

The company blames its woes on a dramatic increase in worldwide production capacity in the photo voltaic (PV) industry, driven by companies in China.

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