India may be falling short of its aspirational renewable energy targets, but strong installation progress and rates of growth, particularly in solar, are buoying the sector.
PV Tech can reveal the preliminary Top 5 solar module manufacturers in 2016, based as usual on final shipment guidance from third quarter financial results.
‘Silicon Module Super League’ (SMSL) member Trina Solar has significantly missed its third quarter 2016 PV module shipment guidance range that makes meeting previous full-year shipment projections almost unattainable.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said that previously upwardly revised shipment guidance would be retained for the full-year after reporting a 10.9% increase in revenue for the third quarter of 2016.
‘Silicon Module Super League’ (SMSL) member JA Solar reported lower third quarter total shipments as the slowdown in the domestic China market hit. As a result full year shipment guidance was also lowered.
JinkoSolar, JA Solar, Risen Energy, Wuxi Suntech and Sumec (Phono Solar) have been withdrawn from the EU’s Minimum Import Price (MIP) undertaking by the European Commission.