Although Chinese solar giant Trina Solar didn't hit the dizzying heights it achieved during the fourth quarter of 2015, when the company recorded an all-time high of module shipments, it still had a good opening to 2016, posting revenues and shipments that significantly surpassed the same period last year. It also saw its gross margin slightly reduced both sequentially and year on year, as a result of a drop in selling prices that outpaced the company's ability to cut its own costs as well a reduction in downstream revenue. Overall, Trina recorded revenues of $816.9 million during Q1, which is a hefty 23.8% reduction of the $961,881 million it achieved in Q4 2015, but an encouraging jump of 39.2% from the same period in 2015, when it recorded a net revenue of $558,089 million. The revenue was driven by shipments of 1,423.3 MW of modules, which is a 19.9% sequential decrease, but a 38.7% increase year on year. Interestingly, 52.9 MW worth of the module shipments were made to its own downstream projects, which is a reduced number both from Q1 and Q4 2015. Trina Solar has said that the fall in the sequential numbers is primarily a result ...Den vollständigen Artikel lesen ...