Yingli has high hopes in Japan, especially in the utility-scale segment
IN DEPTH: The lure of Japan
04 February 2014 01:40 GMT
FIT has lit up Japan's solar landscape
03 February 2014 01:15 GMT
Yingli grabs 16.9MW Japan order
29 November 2013 09:09 GMT
By Brian Publicover in Tokyo & Anamaria Deduleasa in London
Thursday, February 27 2014
the Japan market growing very quickly,” Yingli chief financial officer Yiyu Wang
said at PV Expo in Tokyo today. “We want to achieve more and more market share
company, based in China’s Hebei province, was the world’s biggest PV panel
supplier in 2013 for the second consecutive year, according to market research
Yingli took the lead in China, the US
and Germany to claim 8.3% of the global market for PV modules last year, up
from 7.4% in 2012.
In Japan –
the world’s second-biggest solar market in 2013 – Yingli is placed ninth.
But the company, which secured a
distribution deal last month with Kyoto-based installer XSOL, has high hopes
for Japan, a market that Wang said could reach 7GW this year.
“Our sales to Japan increased significantly from 2012 to 2013 and
this trend will continue in 2014,” Wang said.
Yingli also continued to
make inroads in Europe this week when it announced it will supply 54MW of
modules to seven solar projects in the UK.
The plants are being developed
by Grid Essence Holdings in the south of England and Wales.
Construction has already
begun, with modules being delivered this month and in March, and grid
connection scheduled for the end of the first quarter.
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