Advanced Energy (NASDAQ: AEIS) today announced that its overall sales lower than previously expected downward slightly been improved. Although the company has said a few weeks ago PV projects might be delayed first-quarter sales have an impact, but this PV inverter manufacturer recently announced second-quarter sales improved slightly compared to the first quarter. AE renewable energy business unit sales in the second quarter and the first quarter of $ 37.6 million compared to $ 40.8 million upgrade. Total revenue reached $ 138.2 million, while the previously expected down to 137 to 140 million U.S. dollars between.

AE represents the second quarter of photovoltaic gridtiepowerinverteronline projects have now been delayed start, while demand is expected before the end, especially the U.S. market demand will be expanded.

AE Bartz, CEO Hans (Hans Betz) Doctor said: "Our second quarter of the renewable energy business is subject to the impact of various changes in the market, such as solar panel prices, increasing competition and stimulate policy changes, etc. For business impact far beyond our previous expectations. Nevertheless, we are pleased to see that thin-film solar cell business in accordance with previously developed as expected.

Outlook second half of 2011, we believe that the effect of diversification strategy will be more obvious. Despite our business development with the thin film battery market cyclical development has slowed, but before the delay renewable energy projects have been re-launched, it is because customers want to carry out the project before the end of the year and thus enjoy preferential taxation policies.

In the long run, our North American utility-scale wind turbine inverter demand will continue to grow, and we are confident that through the AE based on levelized cost of energy (LCOE) sales strategy, superior product performance and excellent run the services will continue to strengthen our market competitiveness. "