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

Trina’s 1Q13 financial results evaluation: Europe remains the key market

Trina announced its 1Q13 financial results on May 20th, 2013. The financial results indicated that the sales revenue in this quarter was $260 million, which decreased by 14% compared with that in 4Q12 and decreased by 26% compared with that in 1Q12. It showed that sales.. more

Jinko’s 1Q13 Financial Results Evaluation: Due to Market Diversification, the Shipment Quantity Hit Record High.

Jinko recently announced the 1Q13 financial results. Due to the rise in Asia market, the demand has continuously increased. In addition, Europe demand has also increased in 1Q13. While China faced traditional off-peak season in the first quarter, Jinko’s shipme.. more

Anti-Dumping Special Report: The Cost for Chinese Cells Being Assembled into Module in EU is US$0.75~0.83/W

The European Union has announced to decrease the anti-dumping tariff from 47% to 11.8% in the next two months. The impact this could have on production is still being assessed. The change in placement orders that could occur due to the lowered tariff rate being in an accepta.. more

Europe’s anti-dumping tariff about to finalize, Chinese PV manufacturers’ three contingency plans

Apart from the rumor which says that China’s going to impose anti-dumping tariffs on the imported polysilicon, the Chinese government continues to communicate with Europe’s major member countries through diplomatic ways, hoping the member countries can encourage E.. more

2012 Year Financial Evaluation: Solar industries continue to face financial problems

Solar manufacturers released the finalized 4Q12 financial report at the end of April. In this turbulent year, many manufacturers faced a negative gross margin due to the continuous average price decline. Luckily, prices are finally beginning to warm back up. As shown below,.. more

LDK Solar’s 4Q12 Financial Results: Facing severe funding shortage, LDK Solar strives through tough times

LDK Solar Co. Ltd. released the 4Q12 financial report on April 18th. The financial report showed that LDK’s utilization rate was still low and the amount of shipments continued to drop in 4Q. Their revenue was approximately 136 million USD, a 53.4% decrease.. more

China’s policy shift in 2013 to stimulate on-grid installations and address abandoned power issues

EnergyTrend, a research division of TrendForce, indicated in their “Silver Member Report” that considering China’s actual demand for solar power in 2013 (4.5GW-6GW) and demands brought by the Golden Sun Program subsidy plan as well as PV plants .. more



TrendForce Expects Polysilicon Prices to Remain High in Third Quarter Even Though Supply Might Start to Improve in Mid-September

The latest PV market analysis from EnergyTrend, a division of TrendForce, finds that the average global spot price of polysilicon has.. more


China’s Cumulative PV Installations Could Reach 250GW by 2020

China has targeted installing 86.5GW PV capacity during 2017-2020 under the 13th Five-Year National Development Plan, including 54.. more


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