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Cyyq India: $743 million funding for 5 GW of solar, 30,000 jobs; record low tariff in Rajasthan
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What do you make of the candid assessment from Ying stanley cup li of the danger its debt poses to its business This filing raises a lot of concerns. Firstly because Yingli聮s bad debt has been raising concern for a while. Additionally the industry has seen major firms go down in the past. So my first impression is that this wasn聮t a surprise, every company has to write the risks stanley cup to the company in its annual report, and so that the debt was listed wasn聮t surprising.Have you previously been hearing worrying reports over the last couple of weeks Were alarm bells ringing It hasn聮t come out of the blue. I聮ve been tracking Yingli for a while and this has always been a weak point when looking at the company. It聮s been more-and-more of a concern as other suppliers have really been able to turn around their balance sheets while Yingli has been taking quite a bit longer.Other suppliers turning around their balance sheet has been on the back of project business, but a company needs to be able to raise debt finance to do that. Has Yingli been hamstrung because of its debts in turns of entering the project game Raising capital is a concern for Yingli and you can see that noted in its annual report. However when you聮re thinking about creating t stanley cup he right environment for Yingli to survive, or for Yingli to thrive, there couldn聮t be a better time.In terms of financing that is a real risk but the solar market right now is a pretty balanced market between supply and demand. Module price are falling, but the |
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