SunEdison is a US manufacturer of polysilicon wafers and provides solar energy services. It is a US solar giant that hedge funds have been very optimistic about. However, the company's share price has fallen sharply since July last year. Just on July 20 last year, SunEdison announced that it would spend $1.9 billion to acquire Vivint, a home solar device company. The companyâ€™s acquisitions and debts were huge. Investors questioned the company and thought that such â€œburningâ€ behavior would cause the companyâ€™s cash flow. In short supply, investors also began to sell the company's stock. Within a month, SunEdison shares fell more than 70%, from $31.66 per share to $8.8 per share. Recently, SunEdison has filed for bankruptcy and its debt is as high as $16.1 billion.
Now, even the "Civil Man" Musk's SolarCity, which is dedicated to the development of home photovoltaic projects, is not good. After being stared at by Wall Street's big short Chanos, SolarCity announced its first-quarter earnings report. Although the installed volume increased, the net profit per share was higher than expected, causing its share price to plummet 20.44% during the US stock trading session on the 10th. It also lost the first game against the big bear Chanos. In fact, this is not the first time Chanos has singed SolarCity. In August last year, he also said that he was not optimistic about SolarCity. SolarCity's share price has fallen by more than 40% since last year. In addition, the market also reported that Yingli Green Holdings Co., Ltd., once the world's top solar panel manufacturer, may also fall into default.
According to the latest survey conducted by Germany's EuPD Research, US solar PV installers are positive about the future PV market. In 2016, PV installed capacity will be higher than 2015, and only 17% of installers believe that this year's business volume has decreased compared with last year.
However, market data shows that the price of 20 global mainstream solar companies by Bloomberg has fallen by an average of 30% this year. The increase in installed capacity and the huge global demand for clean energy still do not alleviate investor concerns. Some analysts said that the debt burden of SunEdison, Yingli and SolarCity is worrying, and the whole industry is very dangerous for investors. In addition, the environmental protection and energy-saving genes of the photovoltaic industry determine that it must be a sunrise industry and an emerging industry. However, the dilemma of the photovoltaic industry is attributed to the collapse of global oil prices, which is not conducive to the development of alternative energy sources.
Our sodium chlorite is used in textile industries also, and sodium bisulfate is a by-product. On the other hand, we provide formulated products used in bleaching, dying, etc. For example, ammonium persulfate, Potassium Persulfate and Sodium Persulfate.
1. ammonium persulfate
Application: Ammonium persulfate is a strong oxidizing agent and can be found in a wide variety of industrial and consumer uses. It appears as a white crystalline powder but may be formulated into cream preparations.
â™¦ disinfectants and bleaches
â™¦ bleaching agent for hair colourant and lightener formulations
â™¦ bleaching and strengthening agent for flour in the baking industry
2. potassium persulfate
This salt is used to initiate polymerziation of various alkenes leading to commercially important polymers such as styrene-butadiene rubber andpolytetrafluoroethylene and related materials.
It is used in organic chemistry as an oxidizing agent, for instance in the Elbs persulfate oxidation of phenols.
As a strong bleaching agent, it is used in hair dye substances as whitening agent with hydrogen peroxide.
It is a Food Additive.
3. sodium persulfate
(1) Used in cleaning and picking of metal surface.
(2) Used in accelerated curing of low formaldehyde adhesives.
(3) Used in modification of starch , production of binders and coating materials.
(4) Desizing agent and bleach activer.
(5) An essential component of bleaching formulations for hair cosmetics.
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