Danish wind energy juggernaut DONG Energy has released its financial results for the fourth quarter and full year of 2014, and it’s a case of good news and bad news: The company reported EBITDA of DKK 16.4 billion in 2014, but a net profit loss of DKK 5.3 billion. The … [continued]
Trina Solar announced its third quarter earnings on Monday, with increased revenue but also a drop in guidance for fourth quarter shipments due to the cancellation of a 130 MW solar project in Inner Mongolia. The company’s revenue increased 18.8% this quarter, rising from $519,425 to $616,844 over the quarter on shipments … [continued]
Chinese solar manufacturing company Hanwha SolarOne has announced disappointing third quarter earnings, blaming “prevalent industry trends” for the less than stellar report. Total revenue for the third quarter was up on Q2’14 figures, increasing from $178.5 million to $195.2 million on an increase in shipments from 339.5 MW to 373.2 MW. However, … [continued]
Continuing the trend of solar manufacturers showing slight growth over the last half of 2014, JinkoSolar announced its third quarter earnings this week, reporting record-high module shipments, and a slight increase in revenue. However, the big news was the company’s expectation to ship over 1 GW of modules in the … [continued]
Canadian Solar, one of the world’s leading solar power companies, announced its third quarter earnings Wednesday, with figures beating all expectations and the company’s own guidance for the quarter. However, despite strong growth over the quarter, tentative guidance for the fourth quarter based on the US trade case has seen the company’s … [continued]
In its first quarter as a publicly owned company, US-based Vivint Solar announced Monday relatively good figures for the third quarter, with significant increases over a majority measures. However, despite strong gains, the company reported a loss of 66 cents a share across the quarter, causing some further fluctuation on … [continued]
The largest US solar manufacturer, First Solar, reported its third quarter earnings to investors on Thursday, with mixed results for the quarter. Sales were up on the previous quarter, but significantly down on a year ago, while the company’s stock dropped precipitously based on the company’s decision not to move ahead … [continued]
Following a strong trend in the wind industry of growth over 2014, Gamesa released its third quarter earnings Thursday, with 26% growth reported over the previous third quarter. Unlike Vestas Wind, which also released its third quarter figures Thursday, Gamesa relies on year-to-date statistics rather than quarterly figures. As a result, gaining an … [continued]
Danish group Vestas Wind Systems, the world’s premier wind turbine maker, released its third quarter earnings report for investors Thursday, and is showing strong and continued growth over the first 9 months of the year, as well as compared to a year previously. Revenue and profit are both up, despite a drop in … [continued]
DONG Energy released its interim financial report towards the end of last week for the first 9 months of 2014, and claimed the results proved “continued positive development.” The company reported EBITDA (earnings before interest, taxes, depreciation, and amortization) of DKK 13 billion (Danish Krone) for the first 9 months of … [continued]
