The Unpredictable Solar Industry There was news two days earlier that US and Europe may strike a deal with China, in order to prevent the solar trade wars. The deal would envisage that the Chinese manufacturers could keep the prices of the solar panels exported high while keeping the number of shipments in a limit. [...]
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 [...]
Chinese solar companies are finding it increasingly difficult to borrow money even from their home banks. This is due to the massive overcapacity in the industry which has led to continued losses even for the lowest cost manufacturers. Jinko Solar (JKS) has been one of the best performers in the Chinese solar sector in 2012. [...]
LDK Solar (NYSE:LDK) which used to be the biggest solar wafer producer has completely stopped production of polysilicon and sharply reduced shipments to preserve cash. The company is effectively bankrupt and surviving due the largesse of state owned Chinese banks which have given $3 billion in loans to the company. LDK has almost no chance [...]