US solar energy provider SolarCity reported first quarter earnings for 2015, narrowing its net loss and recording a record 237 MW booked. At the same time, SolarCity announced that it had closed what is believed to be the largest financing aggregation facility for distributed generation solar projects, closing a $500 … [continued]
Joining soon-to-be-partner SunPower, First Solar announced its Q1’2015 earnings report this week, reporting a significant loss over previous quarters, due partly to the impending yieldco partnership with SunPower. First Solar reported a net loss of $62,292 million in the first quarter of 2015, compared to a profit of $112,007 million … [continued]
The second largest US solar manufacturer, SunPower, published its Q1’2015 earnings on April 30, and as expected, revenue was significantly down in preparation of the company’s joint yieldco partnership with First Solar, which also suffered significant losses. Revenue for the first quarter came in at only $440.9 million, a 36% … [continued]
