02 Mar '12, 3pm

China's Solar Markets Also Catch Chill via @reworld

Indeed, it is clear that no-one in the solar sector has escaped unscathed. For while there are those who would like to lay the blame for the current squeeze on China's doorstep, even some Chinese majors have suffered a noticeable dip. Take Trina Solar , which announced its Q3 figures late last year. It reported that solar module shipments were approximately 370 MW for the third quarter of 2011, representing a decrease of 6.6 percent sequentially with 396.4 MW in the second quarter of 2011, though an increase of 27.4 percent year-on-year compared with 2010 Q3 of 290.5 MW. The decrease was primarily due to a reduction in available financing for some European projects and an increased customer credit risk management strategy, says Trina. More significantly, net revenues were US$481.9 million, a decrease of 16.8 percent sequentially and 5.2 percent below the equivalent quarter...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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China's Solar Markets Also Catch Chill

renewableenergyworld.com 02 Mar '12, 3pm

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