NEW YORK ( TheStreet) -- The situation with solar cell manufacturers continues to deteriorate. Since I wrote my article
First Solar expects to produce solar panels in 2017 that have a cost per watt of 40 cents; this represents a significant drop from 65 cents during 2013. LDK and other solar makers will need to forge ahead with lower-cost panels or become stranded in perpetual darkness.
Right now, LDK shareholders don't need to worry about 40 cents per watt production in 2017. Unless LDK can improve margins, profit and win over creditors, there will not be a 2017 for LDK. In my article