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Solar players wary on 2011 after first quarter demand boost

Tue, 05/11/2010 - 12:25am
Reuters

FRANKFURT (Reuters) - Germany's top solar companies warned an ongoing drop in prices for cells and modules could hit profits after releasing mostly better-than-expected results on strong demand in their home market, the world's biggest.

"I am quite optimistic for business in the second half of the year," Nedim Cen, the 44-year-old chief executive of Q-Cells, said during a conference call. "But I'm concerned that further price decreases could kick in 2011."

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