Chinese Solar Companies Continue to Battle Anti-Dumping Measures in 2012
The Paragon Report Provides Stock Research on Canadian Solar and Yingli Green Energy
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/07/12 -- Shares of Chinese solar companies dropped sharply last week, with some even falling to multi-year lows, as thoughts of a long awaited recovery for the industry began to subside. Robert W. Stone, an analyst at Cowen & Co., stated that while solar shipments did increase during the second quarter he does not expect it to continue as a result of increased competition and a softening environment in Europe. The Paragon Report examines investing opportunities in the Chinese Solar Industry and provides equity research on Canadian Solar Inc. (NASDAQ: CSIQ) and Yingli Green Energy Hold. Co. Ltd. (NYSE: YGE).
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Chinese solar companies have experienced a dismal 2012. Complaints by U.S. solar manufacturers that China's government uses cash grants, discounts on raw materials, preferential loans and tax incentives, and manipulates its currency to boost exports of solar cells have led to anti-dumping tariffs in the U.S.
Recently a group of EU solar companies have also asked the European Commission to investigate alleged dumping measures by Chinese solar manufacturers. "Europe has the world's most advanced and innovative solar industry, but we've fallen on hard times and are faced with bankruptcy filings because of these Chinese products sold at rates that are up to 55 percent below cost production," EU ProSun President Milan Nitzschke told AFP.
Paragon Report releases regular market updates on the Chinese Solar Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Canadian Solar is one of the world's largest solar companies. As a leading vertically integrated provider of ingot, wafer, solar cell, solar module and other solar applications, Canadian Solar designs, manufactures and delivers solar products and solar system solutions for on-grid and off-grid use to customers worldwide. Shares of the company have fallen nearly 15 percent in the last week.
Yingli Green Energy's manufacturing covers the entire photovoltaic value chain, from the production of polysilicon through ingot casting and wafering, to solar cell production and module assembly. Currently, Yingli Green Energy maintains a balanced vertically integrated production capacity of 1,850 MW per year.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
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Datum: 07.08.2012 - 12:20 Uhr
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