Melting LDK Solar Looks for a Buyer: Filed under: Energy News

Melting LDK Solar Looks for a Buyer

Melting LDK Solar Looks for a Buyer: Filed under: Energy News

There are quite a few developments on the solar energy front today, led by the release of new financial results from LDK Solar (NYSE: LDK ), the weakest of China's major solar panel makers, that show a company in the midst of a meltdown. Meantime, Beijing has officially protested a US law that allows Washington to levy punitive tariffs against overseas industries that receive unfair state support, such as China's solar sector. Both the US and Europe believe China supports its solar sector with unfair subsidies and have taken various punitive actions; and now India is also launching its own similar investigation, dealing yet another blow to the struggling sector. Let's start with the LDK results, which show a company teetering on the brink of collapse as it deals with the worst-ever downturn for the young solar panel sector. Not surprisingly, LDK has filed its second-quarte...

Full article: http://www.altenergystocks.com/archives/2012/09/melting_l...

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@EarthKnowledge » 23 Sep '12, 5pm
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@advancestock » 23 Sep '12, 2pm
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@4UrbanEnergy » 23 Sep '12, 2pm
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