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PV Crystalox hit by 2011 solar worries

LONDON (Reuters) - Britain's PV Crystalox Solar joined peers in giving a cautious outlook for 2011, after a surge in demand for installations in Europe this year to beat subsidy cuts, sending its stock down 8 percent.

LONDON (Reuters) - Britain's PV Crystalox Solar joined peers in giving a cautious outlook for 2011, after a surge in demand for installations in Europe this year to beat subsidy cuts, sending its stock down 8 percent.

PV Crystalox, which supplies silicon wafers to solar cell makers such as Japan's Sharp, said renewed pricing pressure was possible next year with more capacity coming on line.

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