The U.S. arm of German solar manufacturer SolarWorld AG had complained that Chinese manufacturers are sidestepping duties imposed in 2012 by shifting production of the cells used to make their panels to Taiwan and continuing to flood the U.S. market with cheap products.
WASHINGTON, June 3- The U.S. Commerce Department found there are unfair government subsidies of solar imports from China in a preliminary ruling on Tuesday and suggested duties of up to 35.21 percent on the products.
HONG KONG/ SHANGHAI, March 24- Credit warning signs are flashing for heavily indebted Chinese semiconductor, software and commodities firms as the government cautiously steps aside to let market forces play a bigger role in deciding winners and losers.
Feb 24- Debt-laden Chinese solar company LDK Solar Co Ltd said it filed in the Cayman Islands for the appointment of provisional liquidators, four days before it is due to make a $197 million bond repayment. LDK Solar, which is incorporated in the Cayman Islands, has received several reprieves from investors on interest payments on the bond, which matures on Feb. 28.
JinkoSolar Holdings, JA Solar, Canadian Solar and U.S. companies including First Solar and Sunpower Corp have raised about $3 billion in the past year, over according to industry estimates and Thomson Reuters data, mostly through private share placements, public share issues and convertible bonds.
The Energy Department is sticking by its green loan program, even as critics question the government's moves into venture capitalism.
Some solar stocks and ETFs have been surging. Is this just another swing of the pendulum, or has something fundamental changed?
China and the European Union defused their biggest trade dispute on Saturday with a deal to regulate Chinese solar panel imports and avoid a wider war in goods from wine to steel.
Stocks finished modestly higher in lackluster trading Monday, with the Dow and S&P 500 closing at new highs for the third-straight session, as investors digested a handful of mixed economic data and ahead this week's slew of earnings reports.
The European Union is to impose duties on imports of Chinese solar panels from Thursday, but announced a dramatically reduced initial rate after pressure from some large member states.
Growing market, falling revenues. The price decline that has hurt European panel makers has helped sustain demand in the face of Chinese competition and disappearing subsidies.
The European Commission agreed on Wednesday to impose punitive import duties on solar panels from China in a move to guard against Chinese dumping of cheap goods in Europe.
In this episode of Inside China, Eunice Yoon looks at how the bankruptcy of solar energy company Suntech led to an industry-wide downfall.
Despite the financial headwinds battering solar panel makers, alternative energy has a bright future, First Solar CEO James Hughes said Thursday.
Stocks finished off their best levels but the Dow still posted a fresh closing high Tuesday. And the S&P 500 traded within 2 points of its all-time peak earlier in the session.
Once attracting billions in private investment and public subsidies, enthusiasm over the solar sector has waned recently, underscoring the limits of renewable energies and the dominance of fossil fuels.
Environmentalist Terry Tamminen argues companies do better when government uses its considerable buying power to help make the sustainable product market.
Suntech Power was forced into bankruptcy after defaulting on a multi-million dollar bonds payment. Gordon Johnson, Axiom Capital Management, offers insight on the impact to U.S. solar makers.
A group of Suntech Power lenders want the Chinese solar panel maker's main unit declared insolvent, a sign Beijing is losing support for the industry.
Take a look at some of Wednesday's midday movers: