Chief executive Nedim Cen acknowledges that an unsustainable riptide of demand for PV products in Italy at the end of the year buttressed Q-Cells’ results, and that the firm will have to do more to unlock new markets in 2011.
Many analysts believe the strength of the Italian market alone lifted module prices across the industry in late 2010, as developers raced to register projects in order to lock in feed-in tariff rates – often before sourcing PV components.
Italy