Solar stocks slump on bigger-than expected German feed-in tariff cut.

Bloomberg: “Germany, the world’s biggest solar market, will cut federal aid to the panel industry by as much as 29 percent from March 9 and further scale back subsidies each month beginning in May, Environment Minister Norbert Roettgen said yesterday. The cuts are deeper than the 15 percent reduction ordered Jan. 1 and may hurt manufacturers in Germany and China, where the world’s three largest panel makers are based.”