Chinese domestic demand for solar cells and modules is projected to decline. Combined with the growing protectionism, this is expected to produce a difficult period for the Chinese solar industry, according to reports. They say it looks like gloomy times are coming for the Chinese solar industry. My advice is, “Don’t bet on it.”
GCL-Poly Energy Holdings Limited has debt of about $6 billion on its balance sheet which it plans to reduce by selling at least some of its production facilities of polysilicon wafers. One of China’s and the world’s largest solar power equipment manufacturers, GCL-Poly Energy [PDF], has announced its plans to … [continued]
The ITC panel voted 6-0 in favor of imposing countervailing duties on imports to the US of silicon PV cells and panels from China, bringing to a close solar industry WTO litigation, at least in the US. […]
A prosecutor in the southern Italian city of Brindisi has filed criminal charges against Suntech and its Global Solar Fund, adding to a growing list of criminal and civil charges that could destroy the company. The charges follow on revelation of an alleged $700 million investment fraud perpetrated by GSF that implicates Suntech senior executives. […]
CASM invokes a legacy of US industrial and technological innovation ahead of Telstar 1’s 50th anniversary and a Commerce Dept. ruling on Chinese dumping of silicon solar PV cells and panels in the US market. […]
