China Polysilicon Industry on a Brink China has become the world’s greatest solar manufacturer in just 4 years as its state backed companies invested billions of dollars into the business. The country’s low cost labor and capital quickly became the world’s biggest by massively driving down costs of making solar wafers, cell and panels. Most […]

China has massively over-invested in its industrial infrastructure in the last decade, as negative real interest rates have fueled extreme mal-investment in some industries. Steel, shipbuilding, aluminum, solar panels and wind turbines are some of the industries where companies globally have become sick. China created massive capacities in these industries due to low rates and […]

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 […]

The EU-China Solar Trade War The European Commission has decided to impose ~40% duties on Chinese solar panel imports from 6th June. This will mark the first step in the escalation of trade tensions between two of the biggest trading blocks in the world. China exported more than $20 billion solar panels to Europe in […]

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 […]

Suntech Debt Default Suntech (STP) which is one of the worst managed solar companies in the industry has been going through tumultuous times after it got entangled in a multi-million dollar fraud and firing its chairman and founder Zhengrong shi. The company now has defaulted on $541 million convertible debt, which came up for redemption […]