Europe’s largest maker of PV cells was not scheduled to reveal its financial results until 12 August, but it was forced to issue an early warning on 10 August after details of its eye-watering loss were leaked to the press.
In order to claw its way back to competitiveness, Q-Cells says it must focus production at its “high-performance” factories – “particularly at the company’s Malaysian site, which will run at full capacity in the second half of the year”.
“Production