Dateline City:
BEIJING, China
Total module revenue of the top 20 global solar PV suppliers in the fourth quarter reached its highest level since 2011, despite the effect of negative exchange rates on average selling prices
BEIJING, China (February 10, 2015) -- IHS (NYSE: IHS), the leading global source of critical information and insight, today announced that quarterly solar photovoltaic (PV) module revenue (excluding processing service revenue) by the 20 leading global suppliers increased to $5.9 billion in the fourth quarter (Q4) of 2014. According to findings in the company’s latest Module Tracker Quarterly report, due to a sharp decline in module prices, quarterly revenues have not been higher, since the third quarter (Q3) of 2011.
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