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 ...
The panels will be installed by Gehrlicher Merk Solar, which is a joint venture between the Springfield-based Gehrlicher Solar America Corp and the Turkish Merk Solar Enerji, a subsidiary of Akfel Group ...
Despite Yingli’s costs lagging this quarter, the company is still the most recognizable name in the industry and will remain there for years to come ...
Things did not turn out that exciting after all for Canadian Solar investors, and unfortunately for the majority of the US-listed Chinese companies, the Canadian example tells us that things are bad and will be bad for a while ...
Solarzoom reports that the local government is negotiating with the company for a potential money injection. The investment will be made using a Jiangxi-owned enterprise in the transaction. ...
All in all, the 500M Yuan from local government may be able to buy few more months for LDK, but the mounting losses will make impossible for the local government to keep the company afloat ...