Featured in States seal the deal – 10-2011

High-profile consolidation

Ardour Solar Index: Margin structures remain under pressure. Bankruptcies further sour solar market sentiment.
By
pv magazine

The Ardour Solar Index plummeted another 17 percent in August, as investors digested weak 2Q11 earnings reports and continued pricing pressure across the value chain. Adding fuel to the fire were several bankruptcy announcements and capacity consolidation. Throughout August, bankruptcy announcements came from Evergreen Solar (ESLRQ/PINK—NR), SpectraWatt, and Solyndra. In addition, European firms Renewable Energy …

pv magazine
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