Tag Archives: loans

JA Solar (JASO) Closes Loans Worth $90.8 Million

JA Solar just announced that it has obtained 2 loanswith a combined worth of RMB 620 million (about $90.8 million). Theloans have a three-year term and were obtained from Export-Import Bankof China. The interest rate was not specified, but it is below China’sbenchmark rate. In a press release, Baofang Jin, executive chairman of JA Solar,

LDK Solar Updates Outlook For 2nd Quarter And Takes Out Additional Loans

LDK Solar just announced that is has revised its outlook for the 2nd quarter. According to Reuters,the revised outlook is still disappointing, with revenue down from$283.3 million in the first quarter to between $215 to $225 million inthe second quarter.  The estimates are between $25 and $35 millionlower than what analysts had expected, as well. 

Italians See Solar Microgeneration Projects As Sound Investment

As Margaret has pointed out here, the benefits of harnessing solar power for an urban environment are many. This WSJ articleprovides an example of the advantages of solar microgeneration from theother side of the world—in Italy, a rapidly expanding solar market withplenty of sun to spare. In order to lessen the pain of high energycosts,