Tag Archives: slump
SEMI: Solar Equipment Supplier Slump to Continue
For the third straight quarter the sales of new manufacturing equipment for solar photovoltaic has slipped, showing there’s less new PV manufacturing coming online, according to a new report from SEMI, a semiconductor industry trade group. While it doesn’t necessarily mean manufacturers are cutting back their production, it does show that the growth of the [...]
Is China Solar Slumping?
Solar energy may be the answer to our power problems but companies engaged in the manufacture of PVs are experiencing gloomy days. Several years ago, solar cells were too expensive to be purchased by the ordinary masses. As such, they were bought by research centers and large corporations which could afford to pay big bucks. [...]
GT Solar (SOLR) Reports Mixed Results, Shares Slump AH
GT Solar (SOLR) reported mixed earnings results after the bell todaywith a miss on the EPS side (reporting .06/share vs estimates of.07/share) and a beat on the revenue side (reporting $104 million vsestimates of $101.8). EPS was off 68% from the year ago period, socertainly another solar company that is struggling to get growingagain. The [...]
Is The Solar Slump Over?
Seemsto me that solar is shining bright again from the recent activities Isaw the past few weeks. Interestingly enough, most of the news arecoming from chemical companies that developed new materials to makephotovoltaics more efficient and cheaper. BASFpresented its Seluris range of cutting fluids products for cutting,etching, texturing and doping mono- and polycrystalline solar cells;and [...]
REC profits slump on credit crisis, production problems
Renewable Energy Corporation (REC) reported a 29% slump in earnings before interest, taxes, depreciation and amortization (EBITDA) amounting to NKr 527m in the first quarter 2009 despite revenues increasing 14% to just above NKr 2bn. “This industry is used to 40-50% of annual growth. So far this year we see no growth at all,” says [...]