NPD Solarbuzz: Yingli Green, Canadian Solar and Trina Solar to hit record shipments in Q3 2013

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email

Several leading tier one Chinese photovoltaic module manufacturers are expected to post record solar PV module shipment figures for the third quarter of 2013, according to market research firm NPD Solarbuzz.

Six out of the top 10 suppliers will achieve all-time record growth over the period, the latest NPD Solarbuzz Module Tracker Quarterly report claims.

Yingli Green Energy is expected to reach 3GW of shipments over 12 months, which would mean the firm had hit record shipment levels for its seventh consecutive quarter, said senior analyst Ray Lian. Yingli recently unveiled its solar roadmap to 2020 at the recent Solar Power International conference in Chicago.

Joining Yingli Green in the top three are Trina Solar and Canadian Solar. The other firms expected to also hit record shipment levels in the third quarter of this year are Jinko Solar, Renesola and US company First Solar. Hareon Solar and Hanwha Solar One also performed strongly enough to hit the top ten in the period, according to Solarbuzz.

Module pricing from Chinese firms has now also remained stable, for three consecutive quarters. The average selling price (ASP) for Chinese suppliers has stayed at around US$0.63 per Watt for the three periods, raising gross margins to 18%.

Jinko Solar is on course to become the first supplier to hit US$0.50 per Watt for the blended costs of both silicon and non-silicon solar modules. Over the next few months, therefore, stable pricing coupled with continually falling costs could lead to several Chinese tier one manufacturers reaching margins of over 20%, for the first time since late 2010.

Margins for the top 20 module suppliers worldwide saw an increase of 1.2% in Q3 2013 over the previous quarter, at 12.5% and 11.3% respectively. The top 20 suppliers accounted for over 70% of supply in most countries, with the notable exception of China, where tier two and tier three manufacturers have refocused from the overseas markets to the domestic.

Blended ASP was US$0.74 per Watt for the quarter, dropping slightly from Q2 2013 by around US$0.01 per Watt. ASPs declined in the Japanese market to push down the global average due to increased competition between domestic and foreign suppliers in a market traditionally dominated by domestic companies.

NPD Solarbuzz also reported that First Solar’s large pipeline of utility projects put it first for module supply in the US, with Yingli Green Energy performing strongly to displace SunPower in second place. The top three suppliers in the US were followed by Trina Solar, Canadian Solar and Renesola.

The latest findings, along with a prediction in the latest NPD Solarbuzz Equipment Quarterly report that module production will reach the 50GW milestone next year, point to signs of continuing recovery for the PV industry. 

Steven Han, analyst from NPD Solarbuzz will be speaking 4 December on 'The Economic and Market Forecast for Solar in Southeast Asia – the next 18 months to 10 years'. For full programme and bookings, visit http://seasia.solarenergyevents.com/programme

 

This story has been updated to clarify some of the quoted data.

19 August 2021
The utility-scale PV market is poised for exponential growth and yet the industry still has many fundamental opportunities to improve on standards and best practice. Tracker shade loss has been one of those topics that deserve more attention, but has been typically handled by derate factors rather than trying to accurately forecast the loss over the life of the system. Join Nextracker’s subject matter experts, Aron Dobos and Neelesh Umachandran, and Rounak Kharait, director of solar energy assessments at DNV, for a webinar about why shade modeling matters and recommendations on what the solar industry should do about it.
25 August 2021
Energy Next is a new industry exhibition focusing on the latest renewable energy and energy efficiency technology, which will be held for the first time in 2021 in Sydney, Australia alongside the Clean Energy Council’s Australian Clean Energy Summit, the peak gathering of leaders driving Australia's energy transformation. Organised by the same people behind Australia’s largest clean energy event, All-Energy Australia, Energy Next will give visitors two days of access to key suppliers in the industry, free-to-attend professional development and industry workshops, and networking opportunities to better understand clean energy issues and solutions and learn about the latest developments in this transformational, dynamic sector.
25 August 2021
The Intersolar Summit Brasil Nordeste takes place in Fortaleza, Brazil. It addresses leading local and international experts on solar power and renewable energy in the region. The Summit’s mission is to provide in-depth education, enable high-quality networking opportunities, expand the use of PV technologies at regional and national level and strengthen the local PV industry. The Intersolar Summit Brasil Nordeste is organized by Intersolar South America - Latin America’s largest exhibition and conference for the solar industry: Solar Promotion International GmbH, Pforzheim, Freiburg Management and Marketing International GmbH (FMMI) and Aranda Eventos & Congressos Ltda, São Paulo as co-organizer.
25 August 2021
Join us to hear directly from the CTOs and heads-of-research from the top-20 cell/wafer producers to the PV industry today. The event will focus on predicting the key metrics underpinning the next big shift to n-type with answers to the key questions: When will the transition to n-type happen? Which companies will be first to 10 GW capacity and production? Who will be the key equipment suppliers for the new production lines? Which n-type process flow/architecture will emerge as the front-runner? What will polysilicon purity and wafer thickness levels look like for optimized n-type manufacturing? What will the upstream poly/wafer supply-chain look like in 5 years from now?
26 August 2021
In this webinar, JA Solar will present its product portfolio based on the latest technologies to improve your PV projects, ensuring maximum reliability and performance. During the webinar we will receive insight from JA Solar about its solar technology roadmap and how the manufacturer is providing customers with innovative solutions to suit their needs, while we will also analyse how to determine the best product solution for each solar project.
6 September 2021
The 38th European Photovoltaic Solar Energy Conference and Exhibition will be held online from 6 - 10 September 2021, allowing PV experts from all around the globe to participate with just one click! The EU PVSEC is the world's leading forum for PV Research and Development and the biggest Conference on PV Solar Energy worldwide. That is why PV experts from all around the globe are keen on gathering together each year to be part of this specialist’s event, to present and discuss the latest developments in Photovoltaics, to network and to conduct business.

Read Next

August 3, 2021
Solar developer Pacifico Energy has started building work on a 121MWdc solar project on the site of a former golf course in Japan, with juwi Shizen Energy hired as engineering, procurement and construction (EPC) contractor.
August 3, 2021
The Australian state of Victoria has unveiled six grid upgrade projects as part of efforts to unlock new renewables investment.
August 3, 2021
AES Indiana, a subsidiary of power distribution company AES Corporation, is planning to acquire and construct a 250MW PV project paired with a 180MWh energy storage facility in Indiana.
August 3, 2021
The government of Serbia has signed an agreement with US company UGT Renewables to cooperate on the construction of solar and energy storage projects in the Balkan country.
August 3, 2021
American solar panel manufacturers Auxin Solar and Suniva have filed a petition with the US International Trade Commission (ITC) to extend a tariff system for cells and modules, despite warnings that it was damaging the US solar industry
August 3, 2021
PV inverter manufacturer SolarEdge Technologies posted record quarterly revenues in Q2, thanks in part to a strong performance in Europe.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021
BRISTOL, UK