China is now expected to reach 40GW of installations by 2015. There is a certain amount of expectation that small companies will be marginalized and financial support will be given to an elite group.

Even with financial arrangements and high-efficiency products, the glaring truth is that making it through this crisis as a manufacturer is insurmountable

Our checks with industry contacts located in China had given us an idea of just how widely spread the shutdowns are. In addition, the magnitude of the closures has not been seen ever before. 

Faced with all those factors, activities on balance sheets see more debt increases. Thankfully, the majority of the quarterly losses had limited cash-draining impacts

While the picture is still unclear for the entire Taiwanese solar industry, the top players are staging a semi-recovery. 

As a peer group, the debt level increased by $150M and the combined debt level stands at $19B