In reporting improving sales in the first-half of 2013, Chinese thin-film equipment supplier and module manufacturer, Hanergy expects a ‘wide window of opportunity’ in Europe to gain module sales and market share after the anti-dumping dispute between the EU and China has been resolved.
According to Hanergy thin-film modules are exempted from the quotas or duties, while the price floor agreement of €0.56/W has seen module prices rise, providing thin-film technologies the opportunity to compete better with conventional crystalline silicon technologies.
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The company noted in a financial statement that prices for c-Si modules had recently increased to around US$0.72/W, and thin-film had reached US$0.64/W.
Financial results
Hanergy Group reported first-half 2013 revenue of HK$2,080,167,000 (US$268.2 milllion, representing an increase of about 27% as compared to HK$1,637,087,000 of the same period last year.
The increase in revenue was said to be related to thin-film equipment sales within the group for next ramping phase of higher efficiency and lower cost a-Si thin film lines due to significant advancements in PVD processing and throughput.
