The Nanjing-based PV cell and panel maker’srevenue rose 13.4% to $61.7m, from $54.4m in the previous quarter. The averageselling price of its modules fell 7.8% from the fourth quarter of 2012 to$0.59 per watt.
“Revenue growth, while desirable,is not our highest priority,” says chief executive Stephen Cai, adding thatthe company will focus on the downstream sector and emerging-market expansionfor the rest of the year.
CSun’s combined cell and panelshipments reached 102.5MW,
