LDK Solar

Solar Panel Prices Down 80%, Recurrent Energy Up For Sale… (Solar News)

Solar energy enthusiasts, here’s another solar energy news roundup. Enjoy! Solar panel prices have dropped 80% since 2008, and wind power prices are down too. (Planetsave) Recurrent Energy, a US-based subsidiary of Sharp Corporation, is reportedly up for sale. Notably, Recurrent Energy promised an astonishing 5¢/kWh solar electricity supply to Austin Energy in May, … [continued]

Shunfeng Photovoltaic International Looking To Expand Into Solar Power Plant Development

Shunfeng Photovoltaic International recently revealed that it’s now planning to enter the solar power plant development business, in order to complement its manufacturing operations and become a fully integrated solar company. The move isn’t all that surprising considering the fact that many other solar companies have recently been making similar … [continued]

China Solar Inc. Trade Battles Intensify; State Bank to Boost Financial Support for Largest Players

News of new unfair trade actions against China and Chinese PV manufacturers announced in the EU, US, and India add to the embattled industry’s woes, as well as international trade tensions and protectionism. Illegal subsidies petitions were filed in the EU; India’s PV manufacturers are lobbying to bring a WTO case; and two protectionist bills were introduced in the US Senate. […]

China Development Bank Finances LDK-SPI Solar International Expansion Plans

China Development Bank is stepping up its international lending to leading Chinese solar power companies even as the industry is being rocked by a glut of solar photovoltaic (PV) modules and heightened uncertainty of government support in key markets. LDK and its US subsidiary SPI Solar announced CDB is providing them financing totaling $64 million to carry out solar PV project development in California and New Jersey.