Yingli to ship 3.3GW of PV in 2013

Yingli Solar expects to ship as much as 3.3GW of modules in 2013, a fiery rise on the 2.3GW it shipped last year, indicating that a sixth consecutive quarterly loss has not blunted the Chinese PV giant’s aggressive grab for market share.

Yingli reported an operating loss of $405m (2.52bn yuan) for 2012, against revenues of $1.83bn, underscoring the striking profitability gap that remains for even the industry’s strongest and most well known manufacturers.

By comparison, Trina Solar, which reported its 2012 earnings last week, swallowed an operating loss of $264.9m last year against revenues of $1.3bn.

Many analysts remain cautious about the global PV market in 2013, given ongoing political and economic headwinds in key European markets, and the expanding global trade war.

But Yingli chief executive Liansheng Miao expressed strong…

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