Despite '08 Profits, Top Solar Companies Warn of '09

Despite continued growth through the end of 2008, several of the top
solar companies in the world delivered warnings about the near-term
prospects of the industry this week when releasing quarterly and
year-end reports.

Q-Cells (QCE.DE) reduced its guidance for 2009 sales for the second time since December. 

First Solar
(NASQAQ: FSLR) maintained its revenue guidance but went to lengths to
detail the many risks that could negatively affect business in the
coming year.

"They painted a pretty somber picture," ThinkEquity analyst Jonathan
Hoopes told Reuters, concerning First Solar’s conference call. "This
was a very cautious outlook, so while they maintained it, they did so
with all the proper hedges."

Read extended Reuters coverage at the link below.

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