GALWAY, IRELAND--January 29, 2015 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) Europe's leading solar power nation, Germany, will shine less brightly this year as major companies announce massive job cuts and departures.

The country's biggest solar company SMA Solar Technology AG (ETR:S92) (Niestetal, Germany), has announced plans to slash a third of its workforce - around 1,600 people - as demand in Europe falls. Around 1,300 of those cuts will be in Germany. The company blamed a decline in sales and is anticipating a "difficult fiscal year 2015".

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