Featured in Brave new world – 01-2012

Sliding

Ardour Solar Index: The Index resumes a downward slide. Capital is diverting from capacity expansion to R&D.

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09 Jan 2012

In November, the Ardour Solar Index resumed its decline, falling 15 percent after a technical bounce in October. The index was impacted by weak 3Q11 earnings reports and uncertain near-term demand outlook in Europe. Key themes from the 3Q11 reporting period were (1) oversupply driving continued pricing and margin contraction, (2) reigning in capacity expansion, …

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