| 01 December 2012
Posted in News - Industry News
Solarzoom Photovoltaic Solar Portal, through SPVI Solar Reports, is offering on a trial basis access to monthly export module shipment data
Solarzoom Photovoltaic Solar Portal, through SPVI Solar Reports, is offering on a trial basis access to monthly export module shipment data, starting with the 26 largest Chinese exporters for the month of October 2012.
This data offers the opportunity to understand overseas business by each company, including results of 10 US-listed companies, among them ReneSola (NYSE: SOL) , Yingli Green Energy (NYSE:YGE) and Hanwha SolarOne (NASDAQ :HSOL). This unique opportunity offers investors the ability to track current and evolving business leaders and gauge their activities versus their global quarterly guidance, using this new approach. As new markets emerge, particularly under the current industry conditions, quick execution allowing an increase of market penetration can be essential to maintain or even elevate the staying power of each enterprise.
While demand for solar continues, recent Q3 financial results illustrate continuous pressure on ASP, which had been detrimental to market performance by solar companies in the last 18 months. Moreover, China has been behind the glut of inventory and overcapacity, which had led to the demise of other global operators.
As a result, a pattern of protection efforts has been executed with recent anti-dumping and countervailing duties enforced by the US Department of Commerce against Chinese manufacturers and, particularly, cells produced in Mainland China. Similar actions are considered in the EU, and recently an official investigation started in India, this time against a larger spectrum of producers to add to the Chinese: those from USA, Taiwan and Malaysia.
The ability to understand shipments to global destinations by the largest module manufacturers in the world can also help investors to recognize how each company can be affected by those new conditions. While the data is not being interpreted, investors can add this tool to draw conclusions as to the impact on volume and market share, as well as potential resolution, is being managed by each organization.
A number of initiatives in China are expected to stimulate the domestic market, and in turn, to reduce the inventories and support the revival of a stronger, consolidated industry with fewer participants. However, the global market is critical to complete leadership for any business. If Chinese manufacturers are to be successful, they must actively pursue global markets using domestic capacities that continue to offer savings to value chain processing. Monthly module shipment data can become an invaluable source in measuring this activity.
The data can be purchased by accessing SPVI Solar Reports. We offer September 2012 sampler for the price of $1, to let investors know what data is offered and to receive feedback on what investors are looking for as we grow this offering.
For further inquiries please contact:
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