{"id":4086,"date":"2014-10-23T18:15:01","date_gmt":"2014-10-23T08:45:01","guid":{"rendered":"http:\/\/www.solarquotes.com.au\/blog\/?p=4086"},"modified":"2014-10-26T09:06:16","modified_gmt":"2014-10-25T23:36:16","slug":"ldk-solar-bankruptcy-will-next","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/ldk-solar-bankruptcy-will-next\/","title":{"rendered":"LDK Solar Bankruptcy. Who will be next?"},"content":{"rendered":"
\"LDK<\/a>

Can LDK drag itself out of Bankruptcy?<\/p><\/div>\n

Another large solar panel manufacturer appears to be in serious financial trouble. Bloomberg\u00a0is reporting<\/a> that LDK Solar, the world’s largest producer of wafers by capacity, has put it’s US operations into bankruptcy\u00a0with over a billion dollars of debt.<\/p>\n

LDK is classed as a Tier 1 solar panel manufacturer in many global rankings, so news of the\u00a0the LDK Solar Bankruptcy\u00a0raises the question of whether choosing a Tier 1 solar panel is such a safe bet these days.<\/p>\n

Certainly looking at the finances of many huge solar companies can be a depressing exercise with lots of debt and tiny or negative margins in many cases.<\/p>\n

So what’s a consumer to do in the face of such uncertainty?<\/p>\n

I’ve come to the conclusion that if you want to maximise the chance of choosing a solar panel whose manufacturer will still be around in 10 years time then the list of manufacturers you should consider is actually very short.<\/p>\n

I’ve looked at the latest reports and research into the ‘bankability’ of the large panel manufacturers and, while nothing is certain these days, if I was looking to buy Tier 1 panels today in late 2014, these are the manufacturers I would consider the safest:<\/p>\n