milind P.

Solar Storm: FSLR, ENER, & SPWRA Dowgraded

FSLR's guidance for FY09 takes above mentioned factors into account. A thing to note is tht FSLR provides conservative guidance. Some other positive points 1) FSLR has managed to improved to its run rates for the past three quarter more than that required under its long-term agreements, which is 3% per annum; 2) FSLR expects to complete Malaysian plant 2 ahead of schedule; 3) FSLR recently entered the U.S. Residential segment through strategic alliance with Solarcity and will supply 100 MW over a fiver year term; and 4) extended contracts worth approx. 500 MW with key customers; key customers account for approx. 90% of net sales for FSLR.