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Tue, June 5, 2012

Equity Research on Power-One Inc. and Suntech Power Holdings Co. Ltd. - Renewable Energy Facing Cloudy Times


Published on 2012-06-05 05:20:17 - Market Wire
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June 05, 2012 08:10 ET

Equity Research on Power-One Inc. and Suntech Power Holdings Co. Ltd. - Renewable Energy Facing Cloudy Times

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Companies in the diversified electronics industry with operations in solar energy, such as Power-One Inc. and Suntech Power Holdings Co. Ltd., have been facing a number of challenges as of late. Front and center is the struggling macroeconomic environment, as many businesses and individuals are not opting to install solar systems, due to the large upfront cost which sometimes comes with purchasing and installing a solar unit. Get your free reports on Power-One Inc. and Suntech Power Holdings Co. Ltd. at [ http://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index ]. There is no commitment to join.

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The Eurozone crisis has been a particularly sore spot for some, as ongoing trouble there has led to a decline in sales. The potential loss of government subsidies could also drag on sales moving forward, as several cash-strapped governments have been looking for ways to trim budgets.

In some cases the average selling price of photovoltaic products has decreased, which has led to a decline in quarterly results. Suntech is one company that saw prices for photovoltaic products decline in the quarter. The company's 1st quarter net revenues fell by 53.3% year-over-year. Power-One also saw its 1st quarter revenues decline, though strong inverter sales in Europe were a positive. Power-One Inc. and Suntech Power Holdings Co. Ltd. reports are accessible for free by registering today at [ http://www.shinesrooms.com/PowerOneInc050612.pdf ] or [ http://www.shinesrooms.com/SuntechPowerHoldingsCoLtd050612.pdf ].

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