23 Aug '16, 11am

Yingli Green’s solar module shipments set to plummet in Q3 https://t.co/RSGODcgasq

Key challenges with plummeting shipments is the likelihood the company will revert to a net loss for the third and fourth quarters as margin erosion continues on ASP and production utilisation rate declines along with revenue. Image: Yingli Green Struggling ‘Silicon Module Super League’ (SMSL) member Yingli Green Energy has reported better than guided module shipments in the second quarter of 2016, due to strong sales in China. However, due to the significant decline in downstream project development in China in the second half of the year, Yingli Green guided shipments could halve in the third quarter. Yingli Green Energy reported second quarter total PV module shipments of 662MW, exceeding previously raised guidance of 580MW to 620MW, up from 508.1MW in the previous quarter, a 30% increase, quarter-on-quarter. The company noted that shipments in China increased by around...

Full article: http://www.pv-tech.org/news/yingli-greens-solar-module-sh...

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