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Chinese solar module firms are now reportedly willing to extend payment periods to 120-180 days,...

  • Thursday, July 5, 2012, 6:58 PM ET
    Chinese solar module firms are now reportedly willing to extend payment periods to 120-180 days, as they do whatever they can to reel in new business in the face of weak demand and (soon) U.S. tariffs. That's a good reason to keep an eye on the accounts receivable figures of Chinese solar vendors, who rallied on Tuesday after the Chinese government quadrupled its 2015 solar installation target.
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This news story has 4 comments:

  •  
    How can demand be weak while (according to this) China has raised its solar target to 21GW? That would constitute demand, wouldn't it?
    5 Jul 2012, 08:32 PM Reply Like
  •  
    Still not enough to keep up with massive supply. That only the governments want.
    5 Jul 2012, 08:40 PM Reply Like
  •  
    phxcrane, that's not what it says. It says weak demand AND 4x increase in demand. These can't both be true.
    5 Jul 2012, 09:30 PM Reply Like
  •  
    Solar demand is currently weak (mostly due to Europe), and the Chinese government is trying to boost it (and thus help local manufacturers) by increasing its domestic installation target. Hope this helps.
    6 Jul 2012, 08:57 AM Reply Like
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