Germany's solar power industry, until recently the world leader in the technology, is facing an unprecedented crisis, analysts say, outshone by cheaper competitors from Asia, most notably Chinese firms.
Q-Cells, the world's biggest solar cell producer, last week issued a far from glowing set of results, with losses of 700 million euros (S$1.43 billion) in the first half of the year.
As a result, the German firm said it would cut 500 jobs from its workforce of 2,600 and put others on part-time working arrangements.