Solarfun sets 2009 cell/module capacity ramp - 27 August 2008
ECD’s Uni-Solar unit accelerates PV production ramp as company enjoys record results - 31 August 2008
First Solar extends deal with PV materials supplier 5N Plus - 28 August 2008
ECD’s Uni-Solar unit accelerates PV production ramp as company enjoys record results - 31 August 2008
Trina Solar shifts manufacturing strategy - 25 August 2008
CTDC begins commercial production of tin-oxide baseplates for a-Si solar PV modules - 05 September 2008
OPEL International’s Mk-I HCPV solar panels obtain CE qualification for Europe - 05 September 2008
Newport releases thin-film solar PV laser scribing systems - 05 September 2008
Taiwan thin-film solar company begins production - 05 September 2008
Solar parties put heads together to advance renewable energies - 05 September 2008
The balance sheet shows increased current assets of approximately $183,000, reduced current liabilities of approximately $122,000; increased working capital of approximately $305,000; debt equity ratio reduced to approximately 3 to 1; and increased stockholders equity of approximately $301,000.
The Statement of Operations shows an increased gross profit ratio from 20.7% to 32.6%, thereby reducing the break-even point for the Company to approximately $2.4 million in sales per year, general and administrative expenses reduced approximately $70,000, and losses reduced approximately $214,000 from 2006 to 2007.
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