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LDK Solar Has Obtained Syndicated Loans of CNY2 Billion From 11 Local Banks
May 28, 2014China-based polysilicon and solar wafer maker LDK Solar has obtained syndicated loans of CNY2 billion (US$321 million) from 11 local banks to ease its financial troubles, according to a report. State-run China Development Bank arranged ...
Tags: polysilicon, solar wafer
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China's Ministry of Commerce Decides to Impose Anti-Dumping and Tariffs for Two Years
May 7, 2014China's Ministry of Commerce, based on its investigation of solar-grade polysilicon imported from member countries of the European Union, has decided to impose anti-dumping and anti-subsidization tariffs for two years. China-based ...
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Three Major Trends of PV Energy Products in 2014
Jan 20, 2014Demand from China, Japan, and USA will represent about 50% of the total worldwide market share in 2014. Due to the recovery of the European market and the rise of the emerging markets, supply and demand in the PV industry will be able to ...
Tags: PV Energy, Solar Cell
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EU Begins to Impose Punitive Tariffs on Friday on a Number of Chinese Solar Exports
Dec 10, 2013As the EU begins to impose punitive tariffs on Friday on a number of Chinese solar exports, the world's largest solar market, which once fueled China's wild solar expansion, is now behind the industry's slim-down. The dust has finally ...
Tags: Metallurgy, Mineral, Energy, solar
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The UAE and Saudi Arabia Have Emerged as The Biggest Markets Among GCC States
Sep 4, 2013The UAE and Saudi Arabia have emerged as the biggest markets among GCC states for the deployment of solar power, accounting for most of the projects. The six GCC countries altogether have sanctioned solar power installation projects worth ...
Tags: Solar Projects, GCC states
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Overcapacity's Dragged Down Profit Margins in Some Sectors
Aug 22, 2013It was usually quiet Friday morning at the Baoshan Cement Co., Ltd. factory in east China's Jiangxi Province. The factory's production lines were shut down after it was put on a list of companies designated by the Ministry of Industry and ...
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China Impose an Anti-Dumping Security Deposit on Solar-Grade Polysilicon Imported
Jul 19, 2013China's Ministry of Finance has decided to impose an anti-dumping security deposit on solar-grade polysilicon imported from several US- and South Korea-based producers beginning July 24. The producers subject to the antidumping security ...
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The LDK 1 Officially Commissioned Its New Sawmill in Lesosibirsk
Jul 8, 2013On 20 June 2013, the Siberian lumber producer Lesosibirsky LDK 1 officially commissioned its new sawmill in Lesosibirsk. Two sawing lines, a HewSaw SL250 Trio and a HewSaw R200SE from the Finnish mechanical-engineering company Veisto were ...
Tags: Construction, Decoration, coating
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LDK Solar Reported Its Unaudited Financial Results for The Q1 Ended March 31, 2013
Jun 14, 2013LDK Solar, a China-based solar firm reported its unaudited financial results for the first quarter ended March 31, 2013. According to the firm, first-quarter net sales were US$104.3 million compared to US$135.9 million for the fourth ...
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EU Made a Preliminary AD Duties on China-Made Silicon Photovoltaic Products
Jun 5, 2013On May 6, the EU made a preliminary ruling that the Union shall levy provisional antidumping (AD) duties on China-made silicon photovoltaic modules and components at 11.8% before August 6, 2013 and at the rates below from the date for six ...
Tags: AD Duties, Photovoltaic Products
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The EU Is Likely to Follow Suit with a Tariff Rate Above 30%
May 13, 2013The trade war in the solar market does not seem to be stopping. Following the anti-dumping and anti-subsidy tariff levied on China-based firms from the US, the EU is likely to follow suit with a tariff rate above 30%. If this tariff comes ...
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LDK Solar Reported Fourth-Quarter Net Sales of US$135.9 Million
Apr 22, 2013China-based vertically integrated solar firm, LDK Solar, reported fourth-quarter net sales of US$135.9 million, a relatively low figure compared to US$291.5 million reported in the third quarter of 2012 and US$420.2 million in the fourth ...
Tags: LDK, LDK Solar, cell solar
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China Solar Makers Product Shipments to Europe Falls Due to The Ongoing Solar Makers
Apr 18, 2013China-based makers' solar product shipments to Europe have been falling due to the ongoing trade dispute, but their shipments to the US, Japan and the domestic market have been rising. Due to orders related to China's Golden Sun ...
Tags: solar industry, Lighting
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LDK Solar Not Make Full Payments to The Holders of Its 4.75% Convertible Senior Notes
Apr 18, 2013China-based LDK Solar has announced that due to a temporary cash-flow shortage, the firm was not able to make full payments to the holders of its 4.75% convertible senior notes due 2013 in an aggregate principal amount of US$23.793 million, ...
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The Market Has Been Buzzing About The Likelihood of a Default by Suntech
Mar 15, 2013Suntech Power Holdings, a China-based solar module giant, said on March 11, 2013, that it has signed a forbearance agreement with the holders of more than 60% of the firm's 3% convertible notes. The forbearance agreement between Suntech and ...
Tags: Suntech, Lighting, solar module
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