Wednesday, August 19, 2009
Low pricing key in solar sector crisis
Investors should look for solar companies offering their products at lower prices compared with their peers, as they are likely to emerge as winners from the current industry crisis, a UBS fund manager told Reuters.
"Companies with either a unique offering, strong (balance sheet), healthy order book, access to end customers and low pricing will most likely be the winners," Jan Peterhans, manager of UBS' Global Innovators Fund, said in an interview.
He aded European solar module makers will continue to lose market share to more aggressive Asian players who are offering their products at much lower prices.
See full Article.