Solar wafer-to-module processing service provider, Solargiga Energy Holdings, has reported preliminary unaudited first quarter 2014 sales and shipments that are significantly higher than the same period a year ago.
The company reported external combined shipments (ingots/wafers, solar cells and modules) of 260.7MW, up 74.6% from the previous year period.
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First quarter sales were RMB809.3 million (US$129.7 million), up 131.4% when compared to the first quarter of 2013.
Solargiga noted that the majority of shipments were related to its processing services. The company made a loss of around US$18.6 million in 2013.
