Solar Frontier's Kunitomi plant
Solar Frontier parent firm Showa Shell Sekiyu says its Energy Solutions unit, dominated by module sales, generated an operating income of 197m yen ($2.1m) in the quarter from October to December 2012.
Revenues in the three months were 31bn yen.
The fourth-quarter profit compares to an operating loss of 3.5bn yen in the third quarter and 9.2bn yen in the fourth quarter of 2011.
Like many of its peers, Solar Frontier’s profits were buoyed by a surge in demand for PV plants, with developers keen to sign-off on new projects before Japan’s generous feed-in tariff is reduced in April.
User
Copyright
To protect your subscription investment, we've instituted a security system to protect against the electronic redistribution of copyrighted Rechargenews content. Read more
Close