JA not only has a good portion of business in Japan now also a letter of intent recently signed with Marubeni to partner with.
In the EU JA has much quota that will be given to them this year and next. They did not ship much to the EU in the earlier part of the year so they have more Quota allocated to them for 2013 and 2014. They are looking at adding module capacity to keep up.
I say will soon be pleasant surprised with our gains.:)
China Energy Storage Network News: Recently, JA company and Japan's Marubeni trading company signed a 2014 letter of intent to develop new cooperation, the two sides agreed on in 2014 to fight for more market share in Japan on how to create a new business model and other aspects of cooperation and establish a strategic partnership.
According to reports, Marubeni is JA first customer in the Japanese market, the cooperation, not only reversed the last component JA unfavorable situation of losing money, but the profit is considerable. Under the agreement, the Japanese trading company Marubeni JA Solar will use the product to improve its price competitiveness for new single-family residential PV systems market, and strive in 2014 annual sales reached 40 MW, equivalent to the overall share 1
obnorigthagain I'm not buying your 14 PT My thought is early sometime next year.
I will say with EU added in the mix and the higher ASP they should do exceedingly well come Q4.
We Have a strong Japan 90% of module shipments in the APAC region went to Japan.
China is Great and modules are in short supply there. JA will utilize their capacity.
JA is the largest exporter to Europe they said in the last Quarter.
The EU deal was not finalized with the CCCME until September and that's when JA began strong shipments to the EU. Perhaps cells that JA makes are being sent to the EU without any quota involved.
Good to note JA limited its shipments to the EU in previous quarters because of the tariff concern. JA has a lot of quota they can ship.
JKS has a note coming up in May that could create some downside.
I read the CC transcript again JA was asked if they were shipping cells to the EU, the reply back was they were the largest exporters to Europe. Then they were asked at what price they said they could not say. So the caller asked if it were a minimum price and they said yes. Interesting because on the AFASE website suggests under PR news separate allocations for modules cells and wafers. Also it looks like JA is in plans to add capacity saying 500 to 600 MW would cost between 20 and 30 Million. Name capacity now 1.8GW and manual capacity not being used is 300MW. So is the 300MW not being used part of the 1.8GW?
cbt _58, mrm bashed CHTP when it was forever beginning when the stock was .89 cents. It is now around 3.75. Ignore this idiot.