2010 Outlook For Solar Industry Improves

JA Solar gave the solar cell industry a positive shot in the arm Monday.

The Chinese manufacturer said fourth quarter sales were better than expected with only several weeks in the quarter remaining.

It also said it sees strong growth of 67 percent next year – suggesting that the industry is experiencing building momentum as the global recession fades.

JA Solar said in a press release that it expected fourth-quarter shipments to be 210 MW of cells, well above the 170 MW to 200 MW range it offered in November. It anticipates 2010 shipments to be about 775 MW, or 67 percent above the 2009 level of 463 MW.

Solid demand is anticipated in Germany, China, the U.S., Italy, South Korea, Spain and France, the company said.

Full steam ahead.

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