When Evergreen Solar Inc. filed for Chapter 11 bankruptcy Aug. 15, the company cited several market conditions that have impacted business, including a drop in silicon pricing, significant global capacity expansion and an end to industry subsidies in Germany and other key markets.
The company's troubles could force it to give back money it received in the form of tax breaks from the state of Massachusetts, according to a National Public Radio report.
The news could cast further doubt on the usefulness subsidies provide to the renewable-energy market.
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