SHANGHAI, China, AIRDRIE, Alberta, October 1, 2014---SPVInvestor Research Inc. today released the CEDR report for August 2014, which confirms high volumes of exported modules from China. Based on two months of data, third quarter 2014 is 17% higher than the comparable period in 2013. At the current rate, volumes for the second half of 2014 are expected to reach 9GW of solar module exports. In comparison, during the first part of the year, 10GW were delivered by Chinese companies. Overall, this positions Chinese exports to surge during 2014 by 15%, versus 2013.
Among the leaders in volume, JA Solar Holdings Co., Ltd. (ADR)(NASDAQ: JASO) is operating at a 165% escalation in module deliveries in comparison to 2013. Trina Solar Limited (ADR)(NYSE: TSL) is at 85%. Yingli Green Energy Hold. Co. Ltd. (ADR)(NYSE: YGE) and Canadian Solar Inc.(NASDAQ: CSIQ) are at 31%, all based on two months of data from the third quarter.
The report notes that during August, some companies reduced their deliveries to the US due to trade barriers; Canadian Solar is the only enterprise that increased volume to the US by 34% over the prior month. In addition, nine Chinese companies delivered over 90% of modules to the US during the July-August timeframe. Overall, based on two months' data, 7 US-listed Chinese enterprises were responsible for 65% of global exports.
Chinese Export Data Report (CEDR) is a monthly publication of data in an Excel format, with PDF commentary including:
• Weekly ASP for polysilicon, wafer, cell and module
• Module Average Declaration Price (GADP) by countries and & US-listed companies
• Module, cells and wafer deliveries by country and company (over 78 destinations)
• Watt efficiency averages for selected US-listed companies
• Imported polysilicon by volume price, source and buying Company/Group
• Taiwanese cell and module
