The world’s leading manufacturer of solar batteries, German Q-Cells CEO Anton Milner HE said in an interview, predicted the current situation in the low-cost, under present (2009) year is expected to increase demand for solar batteries, but also stressed that, as unstable market conditions may be too early to claim a profit situation.
Milner says: “We can see that the market is recovering, sales in good condition.” But at the same time that current prices are low, profitability is still unstable. He added that the second half of this year should be better than the first half, but declined to give a new forecast for the content.
In mid-July, when Q-Cells will be this year sales target for the withdrawal, while in the previous six months, is also expected to reduce the sales prospects were three times more, and since then the company would have hoped that the report did not open new perspectives. A year ago, the solar battery market is hot, when sales of Q-Cells are expected to worth about 22.5 billion euros.
The solar thinkpad battery during the past year as much as 55% of the price reduction, so that the first half of this year, the company’s revenues fell 1 / 3-366000000 euros. The decline in sales, and suffer huge asset impairment, earnings of companies in the first half saw the great loss of 700 million euros.
Milner said that the battery may be short-term prices will remain unchanged, it is estimated there will be no further significant price cuts.
Milner wants to Q-Cells was established by the manufacturer of solar batteries, the transformation of solar energy in an integrated, making the company a more solid basis. In 2011, company revenues will be only 1 / 4 from solar batteries is relatively under activity of the battery in 2007, when almost all the revenue streams of the company.
Milner said: “The manufacturer has focused on a single hp 371785-001 battery production activities is a mode of operation of a bygone era.” But he always said that the company will continue to maintain market share in this sector.
Q-Cells to launch restructuring plan to reduce by about 20% of the number of employees and close at Thalheim plant four production lines. Milner said: “When the local factory layoffs, originally scheduled for the end of the year, but has yet to spend a few months.”
