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China Sunergy into Laptop battery solar cell production capacity litigation crisis can not be honored
Explosion of silicon solar energy industry is expected crisis casio battery.
Robust in much of the domestic solar energy industry, when suddenly heard discordant voices. Recently there have been media reports in May of this year has just been listed on Nasdaq and Power Electric (Nanjing) PV Co., Ltd. (CSUN), its stock price declines, U.S. investors send China Sunergy court.
China Sunergy face litigation in the U.S. behind China’s solar energy industry, the collective madness behind the enormous hidden – in the casio np-100 battery , casio np-20 battery industry revealed that more than half of solar cell production capacity (700 MW) due to shortage of silicon materials can not be honored, of raw materials in various solar energy companies suffered a widespread tight bottleneck.
Silicon material enterprise losses caused by high prices casio np-30 battery.
China Sunergy head of the Ting-show may not think of their own solar halo behind it so quickly cast a shadow. Two months after landing the Nasdaq, the stock losses due to the company announcement issued a slump. In two months, the company has suffered a U.S. investor litigation.
Some media reports with casio np-40 battery , casio np-l7 battery, September 7, an investor will China Sunergy to court on the grounds that China Sunergy in his book, there is the registration fraud and false statements, allegedly for its “measured by production capacity, is a a leading solar cell manufacturers, “was strong growth in sales revenue, and claimed that it had to ensure adequate supply of polysilicon. The report also said that China Sunergy and corporate executives, chairman of Ting-Xiu Jian-Hua Zhao, Qi Shao-feng, ZHANG Feng-ming and other individuals were named as defendants.
Proceedings from China Sunergy in a paper bulletin, China Sunergy August 24 this year, issued a public notice that its second-quarter net profit from last year’s 1.84 million U.S. dollars per share American Depositary Shares (ADS) 9-US points to a net loss of 3.54 million U.S. dollars a share, 14 cents. Shares fell from 16.7 U.S. dollars per share of around 5 U.S. dollars.
The insider to the “China Times” reporter revealed that in China Sunergy CFO Qishao peak after, CEO has also been left by the former vice president of NEC Corporation Allen took over (in Chinese known as Run-Sheng Wang dell inspiron 630m battery , dell inspiron 640m battery).
“’s Loss was largely due to the price of raw material procurement to be a little higher than other companies, while former members of the company is relatively overstaffed.” China Sunergy an anonymous person in charge of the World Solar Energy Conference held recently to accept the “China when the newspaper, “an interview, said:” Because we have no long-term and stable raw material suppliers. ”
As the main raw material for solar cells, polycrystalline silicon and monocrystalline silicon have been in short supply, the global solar energy companies are facing raw material shortage. The person in charge of raw materials in 2001 from 30 U.S. dollars / kg or so, rose to the current 300 U.S. dollars / kg. with dell inspiron 600m battery
, “The company’s cost pressures are significant, not only that, even if the price is so high it is difficult to buy raw materials. Because we are facing this problem.” The person in charge further stated.
700 MW of capacity can not be honored
“2006 China solar energy companies production capacity has reached 1,200 megawatts, but actual production is only 500 megawatts.” According to the disclosure of the above-mentioned person in charge of domestic solar cell production capacity, more than half of the reasons for the supply of silicon material in a shutdown state dell inspiron 500m battery , dell inspiron 510m battery.
Obviously not just China Sunergy encountered a bottleneck, solar companies are more or less the existence of such conditions. Even the first overseas listing of domestic solar PV companies – Suntech, he was unable to avoid.
“Suntech also true that there is problem of the shortage of silicon materials, because our capacity expansion more severe.” Suntech Marketing Director Wu Hongyan accept the “China Times” reporter, said: “But we have with other companies have not, we have a stable supplier dell inspiron 1520 battery. ”
It is understood that by the end of July this year, Suntech with the world’s ten largest suppliers of silicon, the United States New York Stock Exchange Main Board-listed MEMC signed a silicon supply contract. The two sides agreed, MEMC will be in the next 10 years, providing value to Suntech over 5 billion to 60 billion dollars in solar-grade silicon.
“Suntech’s total supply of silicon material, the long-term contracts accounted about 70% of the ratio of 30% of the other.” Wu Hongyan, said last year, Suntech’s output is 320 megawatts, ranked third in the world. Nevertheless, Suntech also failed to go full steam ahead last year, its actual production capacity dell inspiron 1521 battery has reached 480 MW.
By contrast, other companies do not have such good luck. Newspaper reporters in an interview with the World Solar Congress a number of solar companies, solar companies have said the pieces of silicon materials has been a headache.
“Silicon is expected to be around 2010 the problem can be resolved dell inspiron 1721 battery.” China Merchants Securities analyst Wang Sheng told the “China Times” reporter, “the face of huge market demand, many companies are actively to increase production.”
It is understood that this year, China has launched several companies threatened to polysilicon project. Daqo Group, Jiangsu, Sichuan, Tong Wei Group, Shaanxi Nonferrous Metal Group dell inspiron 6400 battery , Jiang Xi Sewei LDK will be launched thousands of tons of the size of polysilicon, particularly among the most eye-catching Jiang Xi Sewei LDK. The company said it will invest 12 billion yuan to develop 15 thousand tons polysilicon project.
“Today’s technology dell inspiron 1720 battery , primarily in the hands of Europe and the United States, China has yet to master the polysilicon production technology.” Wang Sheng said, “Although part of the silicon material to produce a little polysilicon manufacturers, but the amount is very small. They mainly use Russian technology, but the Russian technology and techniques vary widely in Europe and America. ”
“Once the technical success, raw material problems will get through.” China Sunergy person in charge of the case of the above-mentioned prospects of China’s solar energy dell inspiron 6000 battery business development prospects.
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