Chaori rose a lot of attention in financial circles as being the first corporate bond default in Chinese history, but for the solar industry, this is just system at work

Deutsche Bank, in recently published world solar market forecasts, announced another gold rush, and it said China would be one of three profit drivers in the next two years. Still, this time around, the Chinese are pretty calm about it

They are one of the most profitable companies in the industry and the global market, and the Chinese market recognized their business model as a future. Even still, in Canadian they stay firm on their feet and warn that there is a lot of work to be done before they start to feel comfortable

In October, Chinese import of solar-grade silicon dropped to 5328T, which is a 29.1% drop compared to last year. At the same time, prices of this material dropped 6.7% and are now averaging 18.27 US dollars per kilogram. Chinese exports of this material increased by 6% compared to last year, said an October report by Chinese Customs

Jinko Solar Holding Co., Ltd. announced investments of 1B RMB in the next three years into distributed systems in China.

Wuxi Suntech found a new owner, completed its reorganization and dodged bankruptcy.  Although creditors are more or less satisfied with the outcome, there are still suspicions about the true intentions of the man standing behind the new owner – Zheng Jianming

After three years of losses, the Chinese solar industry is starting to see the sun again. However, despite promising forecasts, analysts warn of issues that may bring back the clouds over this industry