Yingli’s full-year net loss was an improvement on the $321.2m deficit it posted for 2013, but the company remains in the red while other major PV manufacturers have returned to profit – including Trina, which claimed the global top spot with 2014 shipments of 3.66GW.

But Yingli did manage to narrow its net loss in the final quarter of 2014 to $88.7m