SolarPVInvestor Forums

http://finance.yahoo.com/news/hanwha-sol…-040000602.html

Looking at contractual obligations for solar 11 after LDK lost $47M in arbitration ruling today it is clear that HSOL is one of the clean or free ones (together with SOL, JKS and DQ).

Looking at the October exports data (that SPVI offers at a good price) HSOL looks even more interesting. We already know that they have one of the strongest ships in terms of balance sheet to ride out this storm, always had low opex and interest and are becoming one of the most cost competive on production cost. Banks are no longer allocating money arbitrarily to solar companies..

My money is still on SOL, but HSOL is now challenging JKS for second place in my ranking.

Reuters reporting on it:

http://www.reuters.com/article/2012/12/2…lsSector&rpc=43

<<"This acts as a temporary relief for these companies," said Thiemo Lang, a senior portfolio manager at Sustainable Asset Management in Zurich.

"(The loans) enable them to sell their modules into the state-owned projects - in an environment where private project developers are becoming increasingly wary to purchase solar module from companies of rapidly deteriorating balance sheets," he said.>>

Lang obviously did not read the exports data. HSOL is not one of those having to offset their production domestically.