Trina Solar revises Q1 guidance figures

Latest

Facebook
Twitter
LinkedIn
Reddit
Email

Trina Solar has revised its Q1 guidance figure ahead of the release of its Q1 financial results. The most significant of the changes was a downward adjustment in module shipments from around 351MW to between 320 and 322MW, which came in response to the fall in module demand caused by the uncertainty surrounding Italy’s feed-in tariff.

On a more positive note, Trina has upwardly revised margins for its in-house wafer and module production and now expects to achieve between 32-32.5%, compared to its previous guidance of approximately 30%. In addition to this, Trina expects its overall gross margin to be in the range of 27-28%, as opposed to its previous guidance of around 25%.

Although Trina has had to lower its module shipment expectations for Q1, it does expect to reach its annual target of 1.75-1.80GW, which is an increase of between 65.6 and 70.3% from 2010.

Read Next

Subscribe to Newsletter

Most Read

Upcoming Events