When using the 344MW of shipments sold at $0.31 per watt, and allocating costs to wafer while eliminating provision, overall margin versus ASP was close to zero. ...
GCL’s revenues have fallen by 22.4% from $1.95B in H1-2011 to $1.528B in H2-2012, while the company has gone from making a profit of $457M to a loss of $42.5M ...
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 ...
While the Chinese are regrouping or retreating in the sound of cheers from CASM, as predicted, other Asian companies are moving in to fill the void ...