The filing had used the background of the US tariffs as additional proof, strengthening the already established cause of the bankruptcy resulting from low price and overflow of modules from China ...
The payment cycles and terms are becoming a massive problem for the PV industry. Mostly a benefit to those with scale to remain as a potential client, it is literally a method to circumvent cash use, while remaining operational. ...
After months of deliberations, the United States has finally confirmed the imposition of heavy anti-dumping and anti-subsidy duties for Chinese solar cell manufacturers ...
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 ...