{"id":15819,"date":"2014-08-28T10:01:17","date_gmt":"2014-08-28T04:31:17","guid":{"rendered":"http:\/\/www.greenworldinvestor.com\/?p=15819"},"modified":"2014-08-28T10:01:17","modified_gmt":"2014-08-28T04:31:17","slug":"trina-solar-bangs-on-with-a-69-increase-in-its-q2-shipments","status":"publish","type":"post","link":"https:\/\/iiec-india.org\/greenworld\/2014\/08\/28\/trina-solar-bangs-on-with-a-69-increase-in-its-q2-shipments\/","title":{"rendered":"Trina Solar bangs on with a 69% increase in its Q2 Shipments"},"content":{"rendered":"

TSL Q2 2014 Shipments<\/h1>\n

Trina Solar<\/strong> (TSL) reported a good set of Q2 2014 results, with gross margin at 15.4%. The company’s revenues increased from $ 444.8 million in Q1 2014 to $ 519.4 million in Q 2 2014. However, the shipments soared by 69% in Q2 2014 to 943.3 MW in Q2 2014. Lets take a look at the main reason for such a hike in TSL’s shipments.<\/p>\n

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From the pie charts above, it can be seen that the shipments to China have increased by ~20% in Q2 2014 and those to US have gone up by 6%. Also the shipments for the company’s downstream PV projects have gone up from just 24 MW in Q1 2014 to 148.7 MW in Q2 2014.<\/p>\n

Mr. Jifan Gao, Chairman and Chief Executive Officer of Trina Solar, commented – In our module business, demand from both the China and overseas markets has picked up dramatically. Notably, we continue to see robust demand for our products from our many valued long-term customers in the U.S., thanks to Trina Solar’s established market position and superior product offerings. Following a relatively weak first quarter in China, we saw strong growth in demand for Trina Solar’s products in the second quarter.<\/em><\/div>\n
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Trina Solar Press Release<\/a><\/em><\/div>\n

The company also saw increased activities in its downstream solar project business. In Q1 2014 only 24 MW were shipped for downstream business in UK, whereas in Q2 2014 ~148.7 MW were shipped to UK and China. The company is focusing on the well-established UK market and believes that investment in UK will definitely pay off. In August, Trina Solar acquired a 49.9 MW project in the United Kingdom.<\/p>\n

Trina Solar believes it will continue to maintain a strong presence in the US markets even after the imposition of anti-dumping and countervailing duty, because of its quality, costs and long term relationship with the country.<\/p>\n

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TSL Q2 2014 Shipments Trina Solar (TSL) reported a good set of Q2 2014 results, with gross margin at 15.4%. The company’s revenues increased from $ [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","content-type":"","footnotes":""},"categories":[66],"tags":[],"class_list":["post-15819","post","type-post","status-publish","format-standard","hentry","category-trina-solar"],"_links":{"self":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/15819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/comments?post=15819"}],"version-history":[{"count":0,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/15819\/revisions"}],"wp:attachment":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/media?parent=15819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/categories?post=15819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/tags?post=15819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}