Solar Stocks

[Picassa]

TSL

Here are some highlights of comments made by CEO Jifan Gao..

- 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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