Both companies expect to notch up gross margins of 11%-12%, a hike on previous guidance.

Additionally, both Yingli and Trina upped their shipment guidance for the quarter.

Baoding-based Yingli – the world’s largest supplier of PV modules last year after overtaking bankrupt Suntech – expects shipments to rise 23%-24% on the first quarter. That is much better than the “low- to mid-teens” percentage increase it had previously called for.

Yingli