It seems hard to argue that solar is not going to be an increasingly significant part of the world's energy production infrastructure. An IEA analyst's recent prediction that solar will produce the majority of the world's power by 2060 may be a little too far-reaching, but directionally that prediction could still be right. The question is, though, with so many players in the solar space, can LDK Solar (NYSE:LDK) emerge not just as a survivor, but as a leader in the world's transition to green energy?
A Tough Second QuarterLDK Solar's second quarter results highlight that, for however bright the prospects of solar energy may be, the here and now is still beset by volatility. Sales fell about 12% when compared to last year, but almost 35% when compared to the prior quarter, as the company has seen a very adverse pricing environment in the wake of major cutbacks in European demand and a glut in rival supplies.
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http://stocks.investopedia.com/stock-analysis/2011/Still-A-Lot-Of-Questions-At-LDK-Solar-LDK-FSLR-TSL-YGE-SOL-STP-GE-SI0901.aspx
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