Stop loss of sharp increase in outsourcing of PV modules

Polaris solar PV net news: sharp energy solution business sales performance in the 2015 fiscal year dropped more than 30%, to that end, the company decided to increase the outsourced production of solar modules, through more price competitive products continues to occupy Japan domestic market.

PVTech foreign media reports, the sharp consolidation of solar industry into energy solutions, but sales in the first quarter of fiscal year 2015 have plunged over last year 46.6%, from $ 555.2 million fell to $ 296.1 million, also caused losses of about us $ 313 billion.

According to the report, the main cause of loss of up to 2.2 billion yen (about 17.7 million US dollars) of polysilicon long term contracts. Polysilicon spot prices from 2015, continued to fall, make it impossible for sharp price reaction lower spot prices in a timely manner, resulting in component production cost is higher than the spot market price. Sharp energy solutions for the 2015 fiscal year year earnings forecast for 180 billion yen, lower than a year earlier, to 33.5%. If profits this year, profits are expected to be at around US $ 40.2 million Yuan, is not high.

Original title: curbing losses and sales decline sharp increase outsourcing of the component capacity

Posted in News.