Solar Makers Shift to Profit as Demand Eases Oversupply
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Solar manufacturers are returning to profit as demand in China soaks up a supply glut that gutted margins for more than two years.
The largest solar-panel maker Yingli Green Energy Holdings Co. said yesterday that it expects to be profitable in the third quarter. It joins peers including JinkoSolar Holding Co., Trina Solar Ltd. and JA Solar Holdings Co. in guiding investors to expect both income and higher shipments in 2014.