31 Jul '12, 2pm

First Solar Road to Profits Amid Red for Global Industry: First Solar Inc. Chairman Mike Ahearn has found the b...

First Solar Road to Profits Amid Red for Global Industry: First Solar Inc. Chairman Mike Ahearn has found the b...

The biggest U.S. solar company is forecast to report the only profit in the second quarter among the 17 companies in the BI Global Large Solar index, according to estimates collected by Bloomberg. The rest, led by Suntech Power Holdings Co. of China, are predicted to have losses. Suntech and the other Chinese manufacturers that dominate the industry have focused almost exclusively on panel sales, exposing themselves to the brunt of a 47 percent plunge in prices in the past year. Ahearn has insulated First Solar by cutting production and expanding sales of the PV power plants, said Sanjay Shrestha, an analyst at Lazard Capital Markets. Buffett and NextEra are among the company’s best customers. “Their strong project pipeline is helping them weather the storm that everyone else is caught in,” Shrestha said in an interview. “That’s buying them time while the rest of the indus...

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

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usgbc-ncc.org 31 Jul '12, 7pm

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renewableenergyworld.com 30 Jul '12, 6pm

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tip @digg

greenbuildingelements.com 03 Aug '12, 3am

will construct the project using its advanced thin film PV modules that generate clean, renewable energy with no emissions...

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renewableenergyworld.com 02 Aug '12, 2pm

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renewableenergyfocus.com 04 Aug '12, 4am

The information that you provide on this form will be used to process your request(s) above as well as to send your free r...

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renewableenergyworld.com 30 Jul '12, 10am

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runningusa.org 31 Jul '12, 6pm

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