Tuesday, November 22, 2011

That is a lot of percent.

Clearly this is that evil China's fault! Ditching sub par panels at discounted prices.

Oh wait - these are Chinese companies? You mean, they aren't going to be our whipping boy anymore? Or conversely, no chants of China, please save us! These panels will reach parity. But only briefly as overcapacity is flooded out. And right before most of these companies go bankrupt.

If China, who can build anything the fuck they want because they don't have an EPA, can't make this work. What hope do any of us have?

LDK Solar swings to loss on 30% lower sales.

JA Solar swings to loss on 32% lower revenue.

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