Yingli ups PV shipment guidance by 40%


The vertically integrated Chinese manufacturer expects to reach approximately 2.3 GW of photovoltaic module shipments in 2012 – a significantly higher figure than the previous guidance of 2.1 to 2.2 GW. From Q3 to Q4, it expects shipments to increase by around 40%.

Despite this, the company estimates an 8 to 8.5% gross margin loss for the Q4, due to non-cash charges and depreciation expenses resulting from underutilized capacity and an inventory provision.

Looking ahead, no shipment forecast has been published for 2013. Yingli currently has a production capacity of 2.45 GW per year. It will release its Q4 and full year 2012 financial figures on March 4.

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.


Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.