Video: European coal and nuclear firms face bankruptcies, says SolaireDirect chief

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European coal- and nuclear-based power companies face bankruptcy as a result of the 200GW of subsidised wind and solar on the continent.

Speaking at the Solar Finance and Investment conference in London today, Thierry Leprecq, CEO of SolaireDirect said that with prices driven down already and too much supply in the market, excess capacity has to go.

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