Thursday, June 21st, 2018

Analysis: Heavy debts set China solar makers up for consolidation

(Reuters) – As solar panel prices continue to march lower, Chinese solar companies are struggling with heavy debt loads, triggering expectations many will be forced to seek a new infusion of funds through takeovers or mergers. Suntech Power Holdings could be liable for hundreds of millions in new payments after it disclosed a potential fraud by a partner, while peers such as LDK Solar , JA Solar Holdings Co , Trina Solar and Yingli Green Energy Holding Co are also feeling pressure. …

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