DOMINANT CHINESE SOLAR PV MAKERS EMERGE

Yingli and Trina Grab 15% of Solar PV Industry in Q4’13...Market leaders shipped a total of 5.8 GW in 2013; both are targeting 1 GW of quarterly PV shipments

January 24, 2014 (SolarBuzz)

“Leading Chinese solar photovoltaic (PV) manufacturers Yingli Green Energy and Trina Solar have emerged as the clear market leaders within the solar PV industry, shipping more than 5.8 gigawatts (GW) of solar PV modules in 2013. During the last six quarters, Yingli and Trina increased total market share from 12% in Q2’12 to nearly 15% at the end of Q4’13…The top 20 leading solar PV suppliers shipped a new record level of modules in Q4’13 of 7.6 GW, marking the first time that the top 20 suppliers have broken through the 7 GW barrier. The Q4’13 shipment volume from the top 20 companies grew by 9% M/M and 44% Y/Y. The top 20 PV manufacturers now supply 68% of the global solar PV industry…Yingli and Trina have now increased their combined trailing-twelve-month (ttm) shipment volume, from 2.4 GW at the end of Q2’12, to 5.8 GW at the end of Q4’13. The 62% increase in shipments in just 18 months is a key factor behind the companies’ combined market share gains.” click here for more

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