Monday, February 6, 2012

Solar Earnings Roundup

  • DuPont's quarterly revenue missed Wall Street expectations as its customers bought fewer solar-panel materials and digital television parts, offsetting strong demand for chemicals used in agriculture. (Jan 24)
  • The glut of photovoltaic panels that wiped $30 billion from solar stocks last year is likely to expand in 2012, forcing manufacturers out of the industry... (Feb 1)
  • SMA Solar, Germany's biggest solar company, said it was unable to give an outlook for the ongoing financial year, blaming regulatory changes in key markets and the euro zone debt crisis. (Jan 13)
  • STR Holdings announced that revenue is projected to approximate $36.5 million for the fourth quarter of 2011... below the Company’s guidance of $44 to $48 million. (Feb 3)
  • Due to uncertainty on feed-in-tariffs and other legislation, as well as the global macroeconomic uncertainty affecting end market demand in both SBUs, Power-One is not providing full-year guidance for 2012. (Feb 2
  • Prices for solar panels dropped 47 percent last year to $0.94 a watt after the 10 largest makers including China’s Suntech Power Holdings, the biggest, and No. 2-ranked LDK Solar, together doubled production capacity in 2010... The companies forecast a decline in shipments for the fourth quarter of last year. (Jan 5)

No comments: