Clouds Remain Over Solar Industry

Here’s a quick temperature gauge of the global solar market. Germany’s Q-Cells, the world’s largest maker of solar cells, reported a first-quarter net loss of €391.9 million ($534 million) on May 12 and cut its 2009 sales targets to between $1.8 billion and $2.2 billion — down from a previously announced $2.3 billion-to-$2.9 billion range. On the same day, German solar module manufacturer Solon similarly announced a first-quarter net loss of $25.2 million, adding the company expects to report a further loss for the current financial quarter.

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