CSUND, the Chinese manufacturer and assembler of solar panels seems to have been chosen and completed an installation in India. Rose 13% in one day following a positive streak of positive momentum. Hoping it is not just someone unloading and cutting losses. 68% decline in shares sold short. Is the demand just to return the shares?
Meanwhile, it seems Germany is absorbing contracts from the leaders in the segment helping on a rebound. Either way, their hands are tied. Inventory is decreasing value as we speak. Materials are more expensive relative to the final product. There is a mini-deflation effect on the segment. Dollar per watt has emerged as the metric of choice instead of the complete deliverying of a product to the market. Rat race like the old Mhz per clock cycle. A breakthrough or a stable demand is needed.
