projected supply is about a 45 GW. The industry's three largest silicon wafer producers are GCL-Poly ( 3800.HK ) , LDK Solar ( LDK ), and ReneSola ( SOL ). An interesting observation can be made if you analyze ReneSola's income statements from
Struggling, debt-laden LDK Solar ( LDK ) has filed a winding-up (liquidation) petition in the Cayman ..... set for April 2, during which creditors can register complaints. LDK says talks with debtholders remain ongoing. The company insists
Feb 24 (Reuters) - 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.
Feb 24 (Reuters) - Debt-laden Chinese solar company LDK Solar Co Ltd said it filed an application for provisional liquidation in the Cayman Islands.
the supply demand perspective, as the vicious downturn of the last couple of years has bankrupted the weak players ( LDK Solar ( LDK ), Suntech ( STP ) etc.), even as solar electricity prices have reached grid parity in a large number of places
LDK Solar is clearly bust, and its third-quarter ..... were $157 million, which given the bloat LDK amassed during the boom years of 2010-11 ..... in the coming years, it's hard to imagine LDK surviving the ongoing industry consolidation
(Reuters) - China's LDK Solar Co Ltd said it was unable to make interest payments on its bonds due to insufficient cash flow even after getting an extension on payments for the third time.
(Reuters) - China-based LDK Solar Co Ltd's cash levels dwindled to their lowest in nearly four years and the debt-laden company said it would be unable to meet a debt payment due on Wednesday.
burning dearly needed cash, which means at best operating cash flow will turn positive in mid- to late 2014. Suntech along with LDK Solar remain the two Chinese solar companies most at risk if the Chinese government indeed tries to reign in the very loose lending
In the first quarter of 2013, LDK had sales of $104 million and interest expense of $57 million. Enough said. LDK 's debt levels are many multiples larger ..... elusive from its wafer and module production. LDK has always been the most aggressive solar