The Chinese try to revive its zombie companies The Chinese solar stocks cannot stop increasing in value as the government pulls out all stops in trying to stem the bankruptcies happening in the heavily oversupplied industry. The Chinese State Council has raised the solar target to a gargantuan 35 GW by 2015 as it looks […]

LDK faces working capital crisis LDK Solar (LDK) which used to be the world’s biggest supplier of solar wafers and was building the biggest polysilicon plant is now contracting rapidly. The company which has more than $3 billion in debt saw its revenues contract by 50%, when other solar peers expanded their shipments and revenues. The company managed to ship […]

Positive Solar Market Reaction following JASO The solar stocks have been very volatile. It is very difficult investing in this sector, because the sector has become very unpredictable lately. The company which was big not a year ago, went bankrupt today (Q-Cells) and the company which was on the verge of getting bankrupt can see […]

Solar Industry sees some Positive Light The recent news flow in the solar industry has started taking a positive slant with increasing panel prices and resurgent demand from new areas like China and Japan. Quarterly results have started surprising on the positive side, though many companies continue to accumulate losses. Some stock like First Solar […]

LDK sells Piecemeal The bankrupt Chinese solar giant is selling itself piecemeal to generate enough cash to sustain operations. The LDK Solar (LDK) stock has zero value though it still supports a market capitalization of more then $100 million in the US stock market. The company has zero chance of servicing its monstrous $3 billion […]

China’s solar industry is in total chaos with massive overcapacity plaguing the industry for the last two years. Two of the biggest solar companies LDK and Suntech have already defaulted on their debt, while hundreds of others keep churning out huge losses. Foreign governments are incensed with China’s behavior, with US already imposing anti-dumping duties […]