Seeking Alpha

Some Chinese solar names are tanking on news of the EU's anti-dumping investigation. LDK -5.3%....

Some Chinese solar names are tanking on news of the EU's anti-dumping investigation. LDK -5.3%. TSL -3.8%. STP -5.2%. JASO -12.6%. Meanwhile, U.S.-based First Solar (FSLR +2.8%) has added to its premarket gains. The Chinese government, which just sped up an anti-dumping probe aimed at U.S. polysilicon vendors, might also make a retaliatory move against European solar firms.
Comments (3)
  • rambler1
    , contributor
    Comments (725) | Send Message
    Isn't the whole purpose of solar energy to get prices down? In the meanwhile even if the Chinese are dumping product their stock prices & results have been doing very poorly for a considerable period of time. Solar is a fantasy only supported by gov't incentives or mandates. Until the costs are more in line with traditional energy production the whole industry is in trouble.
    6 Sep 2012, 10:22 AM Reply Like
  • jbde
    , contributor
    Comments (669) | Send Message
    Not so fast - Germany is wanting to use the anti-dumping card to induce China to buy EU sovereign debt.


    No way this is bad news' going to materialize into anything.
    If solar was not economical for German companies then why are we surprised they folded.


    If not economical without subsidies, then the entire industry should fold.


    But with Chinese panel makers modernizing their manufacturing from being labor intensive, they have the upper hand.


    With many having positive gross margins, you cannot make claims of dumping stick.


    I prefer JKS as it has been opportunistic, did not way-over-expand and has a history [past] of having the highest gross margins in the industry.
    With their newest panels passing the most extreme testing - such as 85/85, they are poised to take marketshare from other Chinese players.
    They recently won the first Chinese bidding contract and prove their products are well-received.


    I own JKS stock
    6 Sep 2012, 10:35 AM Reply Like
  • Boworn
    , contributor
    Comment (1) | Send Message
    So no point doing clean energy? This world is full of greedy people who dont care anything but profit.
    10 Sep 2012, 03:42 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs