Featured in India's solar horizon – 08-2011

Modest rebound in demand

Ardour Solar Index: Pricing pressure is still rippling through the value chain. More downside surprises are to be expected in 2Q11 results.

By

pv magazine

02 Aug 2011

The Ardour Solar Index was down four percent in June, on significant ASP pressure and implied margin compression. The index rallied off its lows during the last week of trading due in part to First Solar’s announcement that it received three highly anticipated conditional loan guarantee commitments from the U.S. Department of Energy (DOE). Throughout …

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