Hallo an alle.
Antwort von Mark Collinson , 99% der info ist leider bekannt ,die ZUKUNFT von SOLAR ENERTECH, ( I DO NOT NO ????????????:::::........) Lachen darf man auch.
Dear Mr. Ju
Thank you for your interest in Solar Enertech.
Production and number of Production Lines
The company operates its manufacturing base in Shanghai, China. It has 67,107-square-foot manufacturing facility there and operates two 25MW solar cell production lines and a 50MW solar module production facility.
The Company has been seeking additional financing and has said "Our future success depends, to a large extent, on our ability to expand our production capacity, increase vertical integration and continue technological development of cell efficiencies. If we are able to raise sufficient capital, we plan to increase our annual silicon solar cell and module production capacity from 50 MW to approximately 100 MW." As I write to you, this capital has not yet been raised.
The Company primarily sells solar modules to solar panel installers who incorporate the Company's modules into their power generating systems that are sold to end-customers located in Europe, Australia, North America and China.
Summary of Solar Enertech's market:
Although PV technology has been used for several decades, the solar power market grew significantly only in the past several years. Despite the contraction in demand for solar power products during the second half of 2008 and the first half of 2009 resulting from the global recession, credit market contraction and volatile polysilicon market, the Company believes that demand for solar power products has recovered significantly in response to a series of factors, including the recovery of the global economy and increasing availability of financing for solar power projects.
Although selling prices for solar power products, including the average selling prices of our products, have generally stabilized at levels substantially below pre-crisis prices, there is no assurance that such prices may not decline again. In addition, demand for solar power products is significantly affected by government incentives adopted to make solar power competitive with conventional fossil fuel power. The widespread implementation of such incentive policies, as has occurred in many countries in Europe, Asia Pacific and North America, has significantly stimulated demand, whereas reductions or limitations on such policies, as have recently been announced in Germany, Spain and South Korea, can reduce demand for such products.
The Company has taken mitigating efforts to reduce this risk by developing customers in other emerging markets and in its established markets. The Company is currently expanding our niche market, which are customers who are often underserved by major manufacturers who prefer to sell solar product in large volumes. Accordingly, the Company believes that demand will continue to grow rapidly in the long term as solar power becomes an increasingly important source of renewable energy.
The Company believes the following factors will drive demand in the global solar power industry, including demand for its products:
* environmental and other advantages of solar power;
* long-term growth in demand for alternative sources of energy;
* government incentives for solar power; and
* decreasing costs of producing solar energy.
* Product Quality
I do not have independent verification of the Company's quality standards. You may consider it a measure of the Company's own confidence that the Company's standard solar modules are typically sold with a two-year warranty for defects in materials and workmanship and a ten-year and twenty-five-year warranty against declines of more than 10.0% and 20.0%, respectively, of the initial minimum power generation capacity at the time of delivery.
New contracts
The company does not provide a breakdown of revenues by individual contract. However the fiscal year ended September 30, 2010 showed substantial growth in revenues from $33M to $70M. In all for the year,
- Shipments Increased 233% Compared to Fiscal Year 2009 -
- Revenue Increased 113% Compared to Fiscal Year 2009 -
- Gross Profit Increased 600% Compared to Fiscal Year 2009 -
You may conclude that this performance is a useful indication of the Company's reputation for quality, delivery and service.
Additional Forward-looking information
The Company does not provide guidance for its fiscal year of 2011.
I hope this information is useful to you. Please contact me at any time if I can be of further assistance
with kind regards
Mark Collinson
Mfg
Juju.
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