They came, they saw, they canceled.
Just last November, Trina Solar
By all accounts, spot polysilicon is still hard to come by, and recent disruptions at MEMC Electronic Materials
While I've expressed concerns about Trina's business partner, which burned Solarfun Power
If you think I'm being unnecessarily cautious about the polysilicon supply, consider this snippet from Trina's investor Q&A:
The average price of polysilicon, though remaining high in the short term, is expected to decrease in the long term as a significant portion of polysilicon manufacturing capacity currently under construction becomes available. [Emphasis added]
That's a tacit acknowledgement by Trina that not all of these new sources are secure. Still, the solar player's abandonment of its own plant is pretty reassuring that new poly supply will be significant.
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