The US group recorded a net loss of $94.4m in the July-September quarter, down from a $17.6m profit at the same stage in 2010.
MEMC says that although wafer shipments actually grew in the quarter, prices were “sharply lower” amid an “uncertain market environment”.
The group has been strengthening its presence in the solar development sector via its SunEdison subsidiary and, most recently, the $131m acquisition of the US portfolio of Spain’s Fotowatio.
SunEdison
