The leading US residential solar installer Sunrun earlier this month announced its first-quarter earnings which, despite revealing the company’s deployments were down 7% for the quarter, nevertheless reported that revenue was up by an impressive 36%.
Israeli-based solar PV inverter manufacturer SolarEdge has this week reported yet another blockbuster quarter with increased revenue, gross margin, and record shipments, at the same time as the company begins to expand beyond the solar market with moves into the energy storage and grid services & virtual power plant sectors.
Vivint Solar, one of the United States’ leading residential solar installers, announced its first-quarter earnings this week, posting lackluster growth and a larger-than-expected net loss, causing the company’s shares to tumble until investors took notice of California’s new building regulations mandating solar on all new residential buildings from 2020 onwards.
Shanghai-based solar manufacturer JA Solar reported long-delayed Fourth Quarter and Fiscal Year 2017 Results late last month, reporting record shipments of 7,143.1 megawatts (MW) for the full year, an increase of over 55% while revenue increased by over 25%.
Leading US solar manufacturer First Solar published its first-quarter earnings report late last month, depicting a strong start to the year with increased sales of $567 million and the commencement of Series 6 module production in April which, in turn, led to the company’s announcement of a new solar manufacturing plant in Perrysburg, Ohio.
Danish wind energy giant Vestas announced its first-quarter earnings last week, with slight declines across the board due to strong headwinds and comparisons to an unusually strong first quarter in 2017.
TerraForm Power, formerly the yield-co jewel in the crown of renewable energy darling SunEdison, reported disappointing first-quarter earnings late last month, with lower-than-expected earnings and cash due in part to underperforming renewable energy assets.
Ontario-based Canadian Solar published its first quarter earnings this week, beating its own guidance in terms of shipments and net revenue, and holding up well against previous quarters and expected losses in a declining solar prices market.
Danish wind energy giant Vestas has seen its shares skyrocket on the back of a solid first quarter earnings report, published Friday. Vestas reported increases on earnings, but a decrease on revenue and free cash flow, for the first quarter. However, a strong order intake and a backlog reaching its … [continued]
Solar cell manufacturer Canadian Solar released its first quarter earnings report for 2015, revealing that it beat its estimates for shipping and revenue for the first quarter of 2015. According to the Canadian solar manufacturer, total solar module shipments for Q1’15 were 1.23 GW, of which 1.03 GW was recognized … [continued]
