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Some solar names are rallying after the Chinese government quadruples its 2015 domestic solar...

Some 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%.
Comments (1)
  • the Chinese will use their own manufacturers -not FSLR or any other American Companies.
    5 Jul 2012, 10:19 PM Reply Like
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