#1. Solar prices plummet: One of the most overwhelming market drivers of 2011 was the massive price drop of solar modules. Researchers have found that the price of solar dropped by 40 percent in 2011. Part of that had to do with Chinese solar manufacturers flooding the market with low cost solar, creating an oversupply and benefiting from low cost loans from the Chinese government.
#2. India set to become cleantech power house: When you think of developing countries and cleantech, you think of China. But India is creating a major market through its solar initiatives, smart grid plans and water infrastructure buildout.
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