First-Tier Manufacturers May Gain Profit as PV Demand Reaches 42GW in 2014

EnergyTrend indicates that in 2013, global PV market demand increased quarter by quarter and the amount of grid-connected installation reached 31.5GW as expected. The actual demand turned out to be better than expected - 35.8GW rather than the 33GW predicted earlier be.. more

Canadian Solar 3Q13 Financial Report Analysis:Total Solutions Business Boosts,Company to Number One Spot in China

Canadian Solar like many other PV manufacturers profited in 3Q13. The company had a net lossof US $12.60 million in 2Q13 largely due to exchange loss. Gross margin was 12.8%, just one step short of becoming profitable. Net incomein 3Q13reached US$27.69 million, with.. more

2014 Three Major Trends of PV Energy – High-Efficiency Cell, Energy-Storage System, and Acquisition

Demand from China, Japan, and USA will represent about 50% of the total worldwide market share in 2014. Due to the recovery of the European market and the rise of the emerging markets, supply and demand in the PV industry will be able to achieve equilibrium. EnergyTre.. more

EnergyTrend Chinese Module Shipment Data Report: Difference in Price and Volume of Mainstream Products Easily Distinguishable among Regions

According to EnergyTrend’s investigation, 250W were the mainstream for Chinese modules shipped to Asian countries, such as the matured Japanese market, India, Malaysia, and other emerging markets, in September. From price aspect, the total amount of modules shipp.. more

First Solar Financial Result Evaluation: System Projects Rule the Company

Among all global first-tier PV manufacturers, First Solar’s gross margin was 27% in 2Q13, which was next to REC Group with the highest gross margin. Overall, 3Q13 was a very successful quarter for First Solar. The company’s 3Q13 financial result was re.. more

PV Energy Enters High Stable Growth in Asia-Pacific Emerging Markets

The Asia-Pacific region’s PV energy demands is exceeding Europe in 2013, due to emerging Chinese, Japanese and Indian markets, according to EnergyTrend, a green energy subsidiary of TrendForce. Due to high growth potential in China and Japan’s domestic.. more

SunEdison Financial Result Evaluation: Increase in Power Plant Projects by the End of the Year May Result in financial improvement

MEMC officially changed its company name to SunEdison in the second quarter and released the 2Q13 financial resultsport recently. According to the financial reportresults, the company’s GAAP earnings were US$401.3 million. Net revenue generated from solar ene.. more

Trina’s Financial Result Evaluation: Flexible Strategies Boost the Amount of Shipments

Trina recently announced its 2Q13 financial results. Performance this quarter turned out to be just like what EnergyTrend projected in the previous analyses “Trina’s 1Q13 financial results evaluation” – the amount of shipment increased significantly.. more

PV Shifts its Focus to China and Battle over Domestic Demand About to Begin in 2014

Due to the EU-China trade wars and the rising of Asian markets, PV manufacutrers have started to re-adjust their strategic plans. According to an investigation regarding PV manufacturers’ total shipments and net sales in the first half year investigated by global .. more

Canadian Solar One Step Away from Profiting in 2Q13

Out of top Chinese manufacturers, Canadian Solar had the least losses in 1Q13, while Jinko Solar Co., LTD. had the highest gross margin for 1Q13. Since manufacturers began publishing their financial results in 2Q13, Jinko became the first company to profit, with.. more