Jinko Solar overtook Trina Solar as top solar PV module shipment provider in 2016

In 2016, Chinese Jinko Solar Holding shipped more than 6.6 to 6.7 GW of PV modules and overtook previous year’s top solar PV module provider Trina Solar with shipments of 6.3 to 6.55 GW, according to research and consulting firm Global Data. The company estimates that the global solar PV market was valued at $39.7 billion in 2016.
In terms of other companies which made the top rankings, Canadian Solar Inc. occupied third place, with shipments of 5.073 to 5.173 GW. »The company witnessed low end results in its module shipments and revenues in Q3 2016 when compared with Q2 2016, primarily because of the global solar power market dislocation during the quarter, along with logistic disruption that occurred due to Hanjin Shipping’s bankruptcy in August 2016,« says Global Data.
JA Solar Holdings Co., Ltd. came in fourth place with 4.9 to 5 GW, Hanwha Q CELLS Co., Ltd. was fifth with 4.8 to 5 GW, GCL System Integration Technology Co., Ltd. was sixth, with 4.6 to 5 GW, and First Solar stood in seventh place with 2.8 to 2.9 GW. Yingli slipped further down the rankings and was responsible for a shipment of around 2.1 to 2.2 GW.

Related News