SOURCE: Paragon Financial Limited

Paragon Financial Limited

September 14, 2011 13:00 ET

LDK Solar and Trina Solar Forecast Growth for Remainder of 2011 and Beyond

The Paragon Report Provides Equity Research on LDK Solar & Trina Solar

NEW YORK, NY--(Marketwire - Sep 14, 2011) - The Paragon Report examines investing opportunities in the Solar Industry and provides equity research on LDK Solar Co. (NYSE: LDK) and Trina Solar Ltd. (NYSE: TSL). Access to the full company reports can be found at:

Despite solar heavyweights Italy and Germany cutting back on solar support amid growing economic turbulence in the Eurozone, Europe continues to drive the solar industry. Based on a study looking at five major solar markets -- Germany, Italy, France, Spain and Britain -- the European Photovoltaic Industry Association (EPIA) said that power generated from solar modules in Europe could be competitive in relation to conventional forms of energy by the end of the decade. "Under the right policy and market conditions, PV competitiveness with grid electricity can be achieved in some markets as early as 2013, and then spread across the continent in the different market segments by 2020," EPIA said.

While European subsidies garner most of the headlines regarding solar energy, China is fast-becoming the world's #1 clean air investor. According to Ernst & Young, China is the most attractive location to invest in renewable energy projects. The firm says that the United States slipped to second place last year -- due in part to China's $11.5 billion in asset-financing for clean technology in the second quarter of this year.

The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the solar industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

LDK Solar is confident about the growth prospects for the solar industry in the latter half of 2011. LDK and Trina Solar Ltd., are focused on boosting sales in smaller solar markets such as the United States, China and India to push up revenue in the second half. During the company's second quarter earnings call, executives at Trina Solar claimed to "see opportunities in promising markets such as Japan, Australia, India and the Middle East for the rest of 2011 and beyond."

LDK forecast third-quarter revenue of $630-$680 million. Wafer shipments are expected to be 350-400 megawatts (MW), compared with 429.2 MW in the second quarter.

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