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Pvtech just caught up with the news.
http://www.pv-tech.org/news/trina_gets_g…w_china_project

I have to say that guidance of profitability already second half 2013 is very good news. I thought these companies would have to bleed a bit longer, although at slower rate now.

Quoted from "explo"

I have to say that guidance of profitability already second half 2013 is very good news. I thought these companies would have to bleed a bit longer, although at slower rate now.

That would be roughly:
14 cents poly
48 cents conversion
15 cents opex
3 cents interest
80 cents total, i.e. 20% price hike relative to today. I don't think so. I think that the module guys will have to battle oversupply at cash cost for a longer time. Solarbuzz sees a healthy supply/demand balance at 45 GW demand, and I'm sceptic that we'll hit that runrate before 2014...
http://www.displaysearchblog.com/2013/01…he-pv-industry/

Quoted from "Klothilde"

That would be roughly:

80 cents total, i.e. 20% price hike relative to today. I don't think so. I think that the module guys will have to battle oversupply at cash cost for a longer time. Solarbuzz sees a healthy supply/demand balance at 45 GW demand, and I'm sceptic that we'll hit that runrate before 2014...
http://www.displaysearchblog.com/2013/01…he-pv-industry/

I agree, that's why I'm so surprised. I do think that suddenly things can spike to 80 cents and beyond, but more likely next year than this. With all the poly capacity available to drive growth, demand has to mobilize in multiple markets for prices to normalize. Current prices are triggering this now, but it can take some time to complete.

Google translate version of http://guangfu.bjx.com.cn/news/20130111/413143.shtml

Recently, individual overseas investors through the microblogging published the analysis and prediction of of Trina Solar operator situation does not fit the facts, some of the media out of the context of the summary reproduced, causing a public Trina business partner's attention. Trina Solar Limited issued a statement to clarify facts, and the spirit of transparency, compliance, the principle of responsibility to the stakeholders to provide the following additional information:

Trina Solar does not exist to $ 14 billion of off-balance sheet liabilities. The figure is signed by Trina Solar and long-term strategic partner 2008-2011 silicon material, silicon misreading of procurement contracts, according to the prevailing market price and purchases statistics related contract signed. Over the past few years, polysilicon, wafer procurement prices fell sharply, Trina Solar and strategic partners conclude a purchase quantity will be a year to discuss the price in accordance with changes in the market price adjustment mechanism, adjust. The above does not constitute off-balance sheet liabilities, and therefore not cause the financial pressure.

The company's balance sheet and capital position has been in the industry leading position, the financing capacity liquidity healthy. In the first nine months of 2012, the company accumulated bank loan repayment Xudai amount of $ 500 million, and the new short-term loans of approximately $ 300 million, which the company has a good ability to refinance. As of September 30, 2012, the company approved short-term loans and trade finance bank line of credit totaling $ 2 billion. In the company's financial statements in September, $ 780 million of short-term loans (including convertible bonds), these short-term loans in the next year, rather than a few weeks maturity. Maturity of short-term loans, the Bank approved credit line, the company can complete repayment Xudai, so we can ensure that the company's operating cash and liquidity needs.

The Trina Solar thank stakeholder care and support has been, and will continue through innovation, cooperation and globalization enhance the comprehensive strength, expect to be able to achieve profitability in the second half of 2013, and the sustained and healthy development.