30. November 2009

Chinese Solar Producers Capture Sector Growth

Chinese portfolio companies Suntech Power, Trina Solar, Canadian Solar, Ja Solar and Yingli all reported better than expected 3Q numbers due to strong volume growth and improving margins. All companies gave positive outlook for Q4 and the first part of 2010. Solarworld also reported 3Q numbers that were worse than expected on all accounts: the company is increasingly suffering from the strong Asian competition.