- achieved record shipments in the quarter despite solar subsidy reductions in Italy
- expects significant reduction in Q3 manufacturing costs
- seeing substantial improvement in order pipeline across Europe and N America
- encouraged by China’s national solar FIT program announced several weeks ago
- expanded warranty from 5 to 10 years
Looking ahead the company expects and record quarter in terms of shipments with Q3 shipments in the range of 480 – 520MW and for the full year the company reiterates previous shipments guidance of between 1.75 – 1.8GW.
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