Thoughts on Global Warming: Solar Power Companies Doing So Well They Can't Meet Demand

Tuesday, August 14, 2007

Solar Power Companies Doing So Well They Can't Meet Demand

German solar firms boost capacity to meet demand

FRANKFURT (Reuters) - Germany's solar companies are driving up capacity to meet strong demand for renewable energy, while access to silicon remained the make-or-break factor for their second-quarter results on Tuesday.

Q-Cells (QCEG.DE: Quote, Profile, Research), the world's second-largest solar cell producer after Japan's Sharp Solar (6753.T: Quote, Profile, Research), posted a 52 percent rise in quarterly operating profit, beating analysts' forecasts.

Q-Cells now expects production output of 370 megawatts peak (MWp) this year, more than the 360 MWp it had forecast earlier, and as a result lifted its full-year outlook.

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