The fourth quarter has been epically bad for Chinese solar companies. Shipments are rising but losses are growing, and there doesn't seem to be any way they'll be able to pay back mounting debt loads.
The latest to tell us how bad the fourth quarter was is Canadian Solar (NASDAQ: CSIQ ) , once one of the stronger Chinese solar manufacturers. The company reported a 5% gross margin, which is sadly on the high end of Chinese solar manufacturers, but a $2.43 loss per share is nearly as much as the stock trades for. Alison Southwick sat down with solar analyst Travis Hoium to discuss what this means for Canadian Solar and Chinese solar in general.
If First Solar a top solar play?
Investors and bystanders alike have been shocked by First Solar's precipitous drop over the past twelve months, and now the stakes have never been higher for the company. Is it done for good or ready for a rebound? If you're looking for continuing updates and guidance on the company whenever news breaks, we've created a brand-new report that details every must-know side of this stock. To get started, just click here now.