SOURCE: The Bedford Report

The Bedford Report

October 21, 2010 12:25 ET

China Remains a Solar Haven as Protectionism Allegations Pick Up Steam

The Bedford Report Provides Analyst Research on GT Solar International & LDK Solar

NEW YORK, NY--(Marketwire - October 21, 2010) - It has been an extremely volatile few weeks for solar stocks. Last week the bulls were out in full force after indications of strong demand came from the Solar Power International conference in Los Angeles. But then on Tuesday we saw Chinese solar stocks plunge on news that the Chinese government is raising interest rates as well as growing concerns about U.S. complaints that China is subsidizing solar. The Bedford Report examines the outlook for companies in the Solar Power Industry and provides research reports on GT Solar International, Inc. (SOLR) and LDK Solar Co. (NYSE: LDK). Access to the full company reports can be found at:

Last Friday U.S. Trade Representative Ron Kirk announced that his office was probing allegations filed by the United Steelworkers Union that China was assisting its domestic producers of solar products with protectionist and subsidy policies that are in violation of World Trade Organization rules. The Steelworkers Union believes that China's support of its solar power firms enables them to charge less than U.S. companies, giving them an unfair competitive advantage that undermines job growth at U.S. energy firms. Kirk said that the Obama Administration is "committed to ensuring a level playing field for American workers, businesses and green technology entrepreneurs."

The Bedford Report releases regular market updates on the Solar Power Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us for free at and get exclusive access to our numerous analyst reports and industry newsletters.

New Hampshire-based GT Solar has certainly begun shifting its attention across the Pacific. Last week the company announced that it has opened its new Asia operations headquarters in Hong Kong. GT Solar believes that the Hong Kong headquarters better serves the needs of its customers throughout the Asia Pacific region. The company's CEO Tom Gutierrez said that he expects GT Solar to have more than half of its employees in Asia by the end of the year.

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