Trina: Solar Credit Crunch Will Ease In 2010
REUTERS - China's export-dependent solar panel makers are seeing a glimmer of light at the end of the tunnel after a difficult year fighting a global credit squeeze and a spate of project delays, a senior industry executive said.
Major markets in Europe and the United States are slowly recovering, Terry Wang, the chief financial officer of U.S.-listed Trina Solar, said at the Reuters Global Climate and Alternative Energy Summit in Beijing.
"The worst is already over, and the whole sector in the United States and China can wake up in the fourth quarter, but a full recovery is likely to have to wait until the second quarter of next year," Wang said.
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