Thursday, May 13, 2010

Solar sales surging

   According to GreenTech Media,:Solar sales continue to surge in advance of Germany's cut in its feed-in tariff. But stocks did not follow suit, as if anticipating difficult times ahead. Several of the industry's largest manufacturers offered insight into their businesses this week -- and the news was generally favorable. Sales rose sharply over the past three months, even if profits sometimes did not.
    Among the companies with the strongest gains was SunPower of San Jose, where quarterly revenue rose 64 percent, helped by the company's acquisition of SunRay. The company said Tuesday it wasn't able to meet demand for its products. However, earnings still fell short of expectations.

No comments:

Post a Comment