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JA Solar raises shipment guidance for Q4 and full year


  • JASO
    -0.19 (-2.27%)
    4:00PM EDT

Adding to the number of China-based PV manufacturers pre-announcing, JA Solar said that it would exceed module shipment guidance for the fourth quarter and full-year 2011. Shipments for the fourth quarter are expected to be in the range of 390MW to 410MW, compared to previous guidance of between 310MW to 330MW.

As a consequence, full-year shipments are expected to higher than previously guided levels of 1.6GW. JA Solar said shipments would be in the range of 1.68GW to 1.70GW.

According to Jeffries analyst, Jesse Pichel in an investor note the increased shipment guidance was put down an 80MW increase coming mostly from projects in the US and China. However, the analyst expects further margin pressure and write-downs, inline with announcements already made by key competitors.

The company doesn’t expect to release full financial results until mid- to late March.


  • Photovoltaics International 29th Edition

    Forecasting the evolution of a young, dynamic industry is by definition an uncertain business, and solar is no exception. Rarely, if ever, do the numbers broadcast by any of the various bodies involved in the PV prediction game tally, and even historical deployment rates remain the subject of hot debate. The paradox is that getting forecasts broadly right is going to become increasingly important over the next few years, particularly for those involved in producing the equipment that will support whatever levels of demand come to pass.



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