December 31, 2012 at 16:10 PM EST
Silver's Surge Forces Solar Firms To Rethink
Surging silver prices have cut demand from the solar power sector by a third this year from 2011's record highs, and the decline will continue next year as the industry that uses nearly 5% of global silver supplies scrambles to cut costs. Silver paste is a key component in the photovoltaic panels that dot the rooftops of houses and buildings to trap sun rays for electricity generation. A 9% increase in silver prices this year, on top of a tripling
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