Out of some 400 enterprises in China in 2011/2012, we identified around 160 with significant levels of capacity remaining active
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.
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
The investigations will decide whether the Chinese solar firms were dumping their products in Europe and if it was damaging the continent’s solar industry
The company claims that the poor EBIT was a direct result of price drops due to dumping, as it had to suffer impairment losses in inventories and advance payments of $41.3M and $99.7M respectively
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