First Solar (FSLR) We have been bearish on First Solar for some time as we felt that the company’s thin film technology is no longer competitive with silicon panels made by giant Chinese solar factories. The company remains profitable thanks to the DOE funded huge solar farms in USA. Without these farms First Solar would […]
Updated on: 22/6/2016 Chaori Solar was the first company in China to undergo the first bond default and filed for bankruptcy in July 2014. GCL-New Energy bought a 30% stake in Chaori Solar and together with other investors have a 66% majority shareholding. Since then Chaori Solar has been supplying to GCL New Energy. GCL […]
Sharp Solar Panels There have been hundreds of solar bankruptcies in the last couple of years as solar panel prices have gone down by almost 65% and ASPs have approached the COGs of the lowest cost solar panel manufacturers. However the big Japanese solar panel manufacturers have remained insulated from this wave of failures as […]
Solarbuzz which is one of the solar industry’s leading research agencies has come out with some predictions on the Solar Industry for the next 5 years. Note forecasts by analysts and agencies are notoriously wrong in the context of the solar industry which has been seen time and again. In fact, a lot of the […]
Cadmium Tellurium Thin Film Solar Technology championed by thin film solar panel leader First Solar is set to become a victim of capitalism’s creative destruction as cheap crystalline silicon panels from China have forced Abound Solar and GE to down shutter on their factories. Note Cd-Te which is the largest selling thin film technology in […]
Solar Energy Investment in Solar Energy sector jumped by more than 50% y/y to around $150 billion in 2011 with solar projects being built frantically in Germany, Italy and China. Massive oversupply in the solar industry meant that thousands of solar panel companies went bankrupt even as demand surged. The brutal consolidation has continued to […]