The first quarter of 2016 was generally strong for large Chinese PV makers, with booming sales in China and the United States, which are expected to be the two largest markets this year. JA Solar was no exception to this trend. In its Q1 results released today, the company reported a 44% year-over-year increase in revenues to $538 million with 1.13 GW of PV cell and module shipments. Profitability was also healthy, with a 6.4% operating margin and a net income of $24.5 million, despite rising wafer prices. Much of JA Solar's success is due to the strong Chinese market. China installed 7.14 GW during the first quarter - far more than any nation has ever installed in one quarter - and 60% of JA Solar's shipments were domestic. Other Asian markets were also strong contributors and represented another 27% of JA Solar's sales, 1/3 of which was into Japan. In recent years JA Solar has completed its transformation ...Den vollständigen Artikel lesen ...