Price pressure remains high
Ardour Solar Index: M&A activity partially offsets weak 1H11 outlooks. The 1Q11 margin pressure is likely to continue in 2Q11.
The Ardour Solar Index slipped in April, losing four percent on expected weakness in the 1Q11 reporting period, which is expected to creep into 2Q11. Throughout the month, the index trended down on soft demand in key European markets and negative announcements regarding 1H11 outlooks. However, the index received a boost from Total SA’s tender …
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