Well, the best thing we solar fans can say about this trading week is that it's ending early. Declines in the shares of companies like ReneSola
Things kicked off Monday with that mainstay of solar PR, the supply agreement. In one case, LDK Solar
A more interesting announcement emerged the same day from Solarfun Power
In January, Solarfun's chairman said his company was "obviously disappointed in Zhongneng's lack of commitment." Now we see Solarfun further embracing its recently noncommittal partner. We can interpret this development in one of two ways. Either Zhongneng has gotten its act together, and is now a reliable partner, or Solarfun is finding polysilicon so tough to come by that it has little choice but to give the young gun another shot.
The latter interpretation isn't too much of a stretch, based on recent reports that Chinese polysilicon start-ups are having production problems. A Friedman, Billings, Ramsey
These clues to the current Chinese blues reinforce my conviction that it's a bit early to celebrate the end of the silicon squeeze.