Some solar names are rallying after the Chinese government quadruples its 2015 domestic solar...
Tuesday, July 3, 2012, 10:22 AM ETSome solar names are rallying after the Chinese government quadruples its 2015 domestic solar installation target to 21GW - its latest effort (previous) to prop up local vendors contending with oversupply, negative gross margins, weak Euro demand, and now anti-dumping tariffs. Remaining to be seen is how much the government will "encourage" local firms to consolidate. LDK +5.9%. STP +6.8%. FSLR +4.8%. CSIQ +4.7%. JASO +3.9%.
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