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. […]

Bond Default by Chaori Solar, China We have heard of numerous Chinese Government bailouts, in case of defaults by the Chinese Solar companies. However, there is news of the first ever country’s bond default by another Chinese Solar company, Chaori Solar. The Chinese Government has intervened once again asking Chaori Solar’s bank for deferment of […]

Chinese Solar Panel Industry China’s Solar Industry is the biggest in the world. Due to the low cost of Chinese solar panels, the market rose from almost nil in 2005 to almost 40%  in 2010. The remarkable growth in the Chinese Solar Panel Industry has been due to the supportive Government, low labor and capital […]