Gintech Energy trims 2008 solar production targets

According to a news story at DIGITIMES, Gintech Energy has reduced its solar production expansion targets for 2008. Instead of guiding for 250MWp, the company has said that it will now reach 220MWp.

Although Gintech Energy has secured 80 percent of its polysilicon supply requirements for 2008 and an expected increase in supply from MEMC, which the company recently announced in October, Gintech is being cautious over meeting financial markets’ expectations for MW growth projections.

The DIGITIMES story can be viewed here.

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