Featured in Testing the waters – 07-2011

Under pressure

Ardour Solar Index: Pricing pressure continues to impact margins. High inventory levels persist despite German recovery.

By

pv magazine

28 Jun 2011

The Ardour Solar Index gave up 15 percent in May, erasing its cumulative YTD performance on weak results in the first quarter of 2011 and challenging 2Q11 outlook. Throughout the month, several top solar players either pre-announced a soft 1Q11 or missed Consensus estimates due to anemic demand in key European markets. As a result …

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