Germany has too many solar panels, and it's pushed energy prices into negative territory

Matthias Schrader/AP Photo

• Germany has installed more solar capacity than consumer demand requires, SEB Research found.
• During peak solar production hours, producers have taken a 87% price cut in the past 10 days.
• In fact, raw market energy prices fall into negative territory during these hours.

Sunny days in Germany mean gray clouds for solar...