Updates

PV Crystallox Solar - Running at full capacity

December 2010

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

PVâ€™s share price firmed after announcing that it has been operating at full capacity during H2. It now expects full year volumes to be around 350MW, which is ahead of the 320-340MW indicated at the interims in August whilst the average wafer selling price has remained stable. At the same time, in-house polysilicon production from the Bitterfeld facility continues to grow and has lowered the price of raw materials.The PV market remains on a strong growth trajectory with global installations in 2010 expected to double and reach 14-16GW by the year end whilst the customer base is continuing to expand and broaden geographically. PV said it is seeing strong sales growth, particularly in Taiwan and this accounted for 20% o ...

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