Cells profit warning hits solar sector
canadian goose jacket FRANKFURT (Reuters) Q Cells, the world largest solar cell maker, cut its outlook and said its markets would stay subdued well into 2009, hitting shares across the sector on fears the financial crisis would eat into demand for renewable energy. canadian goose jacket
Swiss adventurer Louis Palmer arrives with his solartaxi in Hamburg November 21, 2008. Palmer arrived in uk canada goose outlet Hamburg for a stopover from his canada goose coats journey around the world canada goose clearance sale which he started in Lucerne, Switzerland, in July 2007. The solartaxi, which can travel at a maximum speed of 90 km/h (55 mph) uk canada goose on its three wheels, canada goose clearance is powered 100 percent by solar energy obtained through canada goose uk shop the vehicle, which includes a trailer on the back with solar cells. REUTERS/Christian Charisius
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canada goose clearance expect to witness a very negative reaction for the whole solar universe today as Q Cells is seen as one of the bellwethers, Dexia analysts wrote in a note. canada goose clearance
Experts see prices for solar cells and modules Canada Goose Coats On Sale declining next year, placing a further burden on an industry that experienced a huge boom in 2007 but has recently suffered from the steep fall in oil prices, which has made canada goose uk black friday investors think twice about funding in alternative energy projects.
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canada goose black friday sale Q Cells on Tuesday trimmed its Canada Goose sale 2008 buy canada goose jacket cheap net income canada goose black friday sale forecast by close to 15 percent and sales by almost 10 percent, and Milner said did not expect a recovery in the market cheap Canada Goose until the second quarter of next year. canada goose black friday sale
buy canada goose jacket cheap extent of the (guidance) cut was quite strong, said FrankfurtFinanz market analyst Heino Ruland. the market leader has such problems, the question is how others are doing. buy canada goose jacket cheap
Canada Goose Outlet PEER PRESSURE Shares of Switzerland Meyer Burger were down 4.2 percent, and Norway Renewable Energy Corp (REC), one of the world biggest producers of solar canada goose coats on sale grade silicon and wafers, down 9.5 percent. Canada Goose Outlet
Canada Goose sale German peers Solon and SolarWorld also lost ground. Module maker Solon, which had slashed its guidance last canada goose factory sale month, fell 2.76 percent and energy company SolarWorld shed 7.24 percent. trade, First Solar dropped 5.4 percent and SunPower Corp plunged 4.1 percent. Suntech Power fell 12.4 percent, LDK Solar fell canada goose store 4.8 percent, Trina Solar was down 6.4 percent. Canada Goose sale
canada goose coats The world biggest module manufacturer, Suntech, said on Monday it expected the sector to produce an oversupply of solar panels in 2009. canada goose coats
Canada Goose online Concern that future growth rates in the solar sector could fall short of expectations have also been highlighted by recent problems in the wind energy sector with German wind turbine maker REpower cutting its 2009/10 sales forecast last month. Canada Goose online
STILL BULLISH Q Cells Milner told the conference call production was expected to resume in canadian goose jacket the second week of January and he remained for canada goose outlet sale 2009, Canada Goose Jackets with a recovery expected during Canada Goose online the second quarter.
buy canada goose jacket For the first half of 2009, the company saw sales growth of 10 20 percent year on year, Chief Financial Officer Hartmut Schuening added. buy canada goose jacket
canada goose coats on sale SolarWorld, which made headlines last month by launching an surprise offer for General Motors German Opel plants, also remained hopeful. canada goose coats on sale
canada goose store still expect to exceed 25 30 percent of growth in sales and profit for 2008, Chief Executive Frank Asbeck told Reuters in an interview on Tuesday. canada goose store
cheap Canada Goose He confirmed cheap canada goose uk that the company comfortable with an outlook of 25 30 percent growth in sales and profit for 2009. cheap Canada Goose
Canada Goose Jackets Q Cells said that its investments next year would focus on expanding production capacities for crystalline solar cells and canadagooseoutlete on its majority interests in thin film companies. Canada Goose Jackets
canada goose clearance sale solar companies have been quite cautious regarding canada goose 2009, said Equinet analyst Sebastian Growe. canada goose clearance sale
canada goose deals thought that the solar industry would be able to steer (clear) of the crisis downward spiral, but the fact that Q Cells cut its forecast for 2009 really deals a blow to the industry, he added canada goose deals.