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Tue, December 13, 2011

US Solar Firms Fight Back Against China's Dominance


Published on 2011-12-13 05:20:52 - Market Wire
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December 13, 2011 08:16 ET

US Solar Firms Fight Back Against China's Dominance

The Bedford Report Provides Equity Research on First Solar & Trina Solar

NEW YORK, NY--(Marketwire - Dec 13, 2011) - Chinese Solar firms have had a difficult time maintaining margins this year as a glut of competitors and dropping demand has forced manufacturers to slash prices to maintain market share. Meanwhile U.S. solar companies continue to protest what they consider unfair trade practices in China's solar energy sector. The BedfordReport examines the outlook for companies in the Solar Industry and provides investment research on First Solar, Inc. (NASDAQ: [ FSLR ]) and Trina Solar Limited (NYSE: [ TSL ]). Access to the full company reports can be found at:

[ www.bedfordreport.com/FSLR ]

[ www.bedfordreport.com/TSL ]

A recent report from Bloomberg says that losses for China's largest solar manufacturers may continue into the New Year "as declining shipments prompt them to slash prices and liquidate inventory." Hari Chandra Polavarapu, an analyst at Auriga USA in New York, says there are too many Chinese solar companies, forcing firms to cut prices. "China's strongest manufacturers are sacrificing profitability because the weakest players still exist," Polavarapu finds.

The Bedford Report releases stock reports on the solar industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at [ www.bedfordreport.com ] and get exclusive access to our numerous analyst reports and industry newsletters.

Earlier this month a U.S. trade panel approved an investigation into charges of unfair Chinese trade practices in the solar energy sector, setting the stage for possible steep U.S. duties. The approval allows The Commerce Department to continue an investigation into whether the Chinese government provides illegal subsidies for its solar energy sector and whether Chinese companies are selling solar cells and panels in the United States at unfairly low prices, Reuters reports.

China's Commerce Ministry said in a statement on its website that these protectionism measures would hurt bilateral trade and jeopardize mutual cooperation on new energy issues. "China is deeply concerned with the decision, which does not tally with facts and highlights the United States' strong tendency for trade protectionism," the ministry said.

The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: [ http://www.bedfordreport.com/disclaimer ]