sagt Deutsche Bank
blogs.barrons.com/emergingmarketsdaily/...eutsche/?mod=BOLBlog
Optimism was running high late last year, with analysts and industry insiders anticipating a 14GW target for 2014. But investors now realize the government’s goal of 6GW utility projects and 8GW distributed projects is unattainable, because there is not enough financing for the distributed projects.
Year-to-date, Yingli Green Energy (YGE) slumped 42%. Trina Solar (TSL) fell 22%. Jinko Solar (JKS) retreated 14.9%. Canadian Solar (CSIQ) fell 14.3%. JA Solar (JASO), the least leveraged among the Chinese solar names, fared the best, gaining 2.6%.
n the first half this year, demand has collapsed, according to a report published by Deutsche Bank today. Its analysts Vishal Shah, Jerimiah Booream-Phelps, and Susie Min estimate demand in China to have declined from around 6GW in the fourth-quarter last year to 1GW in the first quarter, and the Chinese solar companies they spoke to expect the second-quarter to reach 3-4GW only......