Jinko’s 2Q13 Financial Result Evaluation: Turning Around Losses, the Company Starts to Gain Profit

JinkoSolar Holding Co. Ltd. announced the 2Q13 financial results on August 14th. Total revenues were US$287.6 million, a 53.5% increase compared to 1Q13 and a 47.6% increase compared to 2Q12. Net income was US$7.98 million while net loss in 1Q13 was US$20.8 m.. more

FirstSolar’s Acquired Technologies Keeps Finances Ahead of Pack in 2Q

FirstSolar’s good profit capacity and financial health has always been ahead of others in the photovoltaic industry. The company’s financial performance in 2Q was no exception. The company’s 2Q financial results announced on Aug. 7, 2013 showed mainten.. more

Revenues from Solar Leasing Programs Leads SunPower into Stable Earnings League

SunPower’s recent 2Q13 financial results showed stellar performance. Although the company’s GAAP earnings dropped slightly from US$ 635.4 million from 1Q to US$ 576.5 million, the company’s gross profit exceeded previous financial forecasts having n.. more

European PV market’s low threshold weakens the impact of Chinese PV manufacturers

Setting a minimum price and a volume limit on EU imports of Chinese solar panels has become the final solution to solar trade dispute between China and Europe. According to EnergyTrend, a research division of TrendForce, the settlement is likely to increase entry barri.. more

EU-China solar module pricing pact spurs demand for high-efficiency products

EU recently announced it reached an agreement with China on shipments of Chinese solar modules to Europe. Related documents confirm a “pricing “deal will be implemented. According to the EU, this new mechanism will bring stable development to the EU solar e.. more

Warning to Europe, China is ready to fight back by imposing anti-dumping tariff on USA’s and Korea’s polysilicon products

On July 24th, Ministry of Commerce of People’s Republic of China (MOFCOM) will start to impose anti-dumping tariff on the polysilicon products made in USA and Korea. According to the published documents, US polysilicon manufacturers have suffered a serio.. more

Benefiting from Anti-Dumping and Countervailing Policy, Taiwan’s PV cell shipments in 1H13 increases by 6.7% YoY

Investigated by global market intelligence organization TrendForce’s research division EnergyTrend, despite the persistence of the global trade wars, Taiwan’s PV cell demand continued to increase in 1H13 compared with that in 1H12. The amount of shipment re.. more

REC strengthens global development to reduce cost, the loss in 1Q13 declines significantly

The market demand for PV modules increased during off-peak season compared with that in 1Q13 and 4Q12. But because PV market demand still grew slowly and the overcapacity situation remained unsolved, Europe’s largest PV silicon wafer manufacturer, REC Grou.. more

Canadian Solar’s 1Q13 Financial Result Evaluation: Rise in Gross Margin Lead to Decrease in Loss

Canadian Solar Co. Ltd. released the outstanding 1Q13 financial report on May, 28th. The financial report showed that the net revenue in the first quarter was USD$263.6M, a 10.6% decrease compared to that from previous quarter and a 19.1% drop compared with that in 1Q.. more

Shipments and revenue of global first-tier PV manufacturers released, the anti-dumping policy accelerates PV applications Expansion

The 1Q13 financial results of PV manufacturers were successively released in June. Affected by the Q1 off season of the European market as well as the Chinese New Year off season, even though the reduced subsidy in Germany and U.K. has boosted demands, the amount of.. more