TOP SOLAR MODULE MAKERS HITTING RECORD SALES

Yingli Green Energy and Jinko Solar Forecast to Announce Solar PV Shipment and Cost Records for Q3’13…Chinese solar photovoltaic industry rebound continues, as Yingli approaches 3 gigawatts annualized shipments and Jinko decreases blended costs to $0.50/watt

October 30, 2013 (SolarBuzz)

"During the third quarter of 2013 (Q3’13), the recovery of the solar photovoltaic (PV) industry took a major step forward. Nine of the top ten solar PV module suppliers are forecast to achieve quarterly shipment growth, with six set to claim all-time shipment records. Module pricing for leading tier 1 Chinese suppliers stabilized for the third consecutive quarter, at approximately $0.63/W, allowing gross margins to increase to 18 percent, according to [SolarBuzz]…For the trailing twelve month (ttm) period ending in Q3’13, leading Chinese module suppliers Yingli Green Energy, Trina Solar, and Canadian Solar occupied the top three global rankings for total megawatts shipped, with Jinko Solar likely to grab the third ranking position…[B]lended gross margins for the top 20 solar PV module suppliers increased to 12.5 percent in Q3’13, compared to 11.3 percent in Q2’13…” click here for more

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