module shipments

Leading Chinese module manufacturer JinkoSolar has published its financial results for the first quarter of 2024, which include over 21GW of shipments and total revenues of RMB23.04 billion (US$3.19 billion), a slight year-on-year (YoY) fall.

On 23 April, JinkoSolar released its 2023 annual performance report, posting PV module shipments of 78.52GW throughout the year.

The accelerated ramp out of Maxeon 6 module capacity has resulted in higher than initially planned restructuring costs during the fourth quarter of 2023.

Canadian Solar's total module shipments in Q3 this year increased by 39% to 8.3GW year-on-year, and 1% quarter-on-quarter.

Trina Solar shipped more than 45GW of modules in the first three quarters of 2023, as its revenue increased by over 31% year-on-year.

Solar Module Super League (SMSL) member JinkoSolar shipped 21.3GW of solar modules and 1.2GW of cells and wafers in Q3 2023, an increase of 21.4% sequentially and 108.2% year-on-year (YoY).

Solar manufacturer Maxeon Solar Technologies' shipments in the third quarter could drop by about 23% quarter-on-quarter to only 622MW due to a reduced shipments to a US customer and a drop in demand in the global distributed generation (DG) market.

Solar Module Super League (SMSL) member Canadian Solar has lowered its 2023 revenue guidance primarily due to rapid decline in solar module prices in Q2.

Solar module manufacturer Maxeon Solar Technologies has posted a slightly dropped financial performance as its adjusted EBITDA for the second quarter of 2023 decreased by 2.4% to US$30.2 million.

The US market shipped US$12.5 billion of modules in 2022, with the average dollar per watt value slightly increasing but still remains low, according to the country’s Energy Information Agency (EIA).