Vivint Solar, one of the United States’ leading residential solar installers, announced its Fourth Quarter And Full Year 2017 financial results this week, and though the company missed the low end of its shipping guidance, it nevertheless fulfilled its goals of increasing revenue.
Despite missing earnings expectations, leading US solar installer Sunrun posted relatively strong Fourth Quarter and Full Year 2017 financial results and boasted that it had surpassed rival Tesla as the leading US residential market installer.
Siemens Gamesa Renewable Energy announced on Monday that it plans to cut 6,000 jobs amidst its continuing restructuring program and weak fourth-quarter earnings, with revenues falling 12% year-over-year.
Canadian Solar published its fourth quarter and full-year 2016 financial results this week, and despite impressive and record-high shipment figures, the company finished the year well behind on revenue due in part to the massive cost declines we have seen in the global solar industry.
It has been a near-perpetual rocky road for US solar energy developer Vivint Solar, and its latest twists and turns are not looking great for the company as it reported a lackluster fourth quarter and full-year for 2016.
Chinese solar PV manufacturer Jinko Solar reported a very impressive growth in 2016, even with a solid-but-lackluster fourth quarter, and further shocked experts by guiding 2017 solar PV module shipments in the range of 8.5 GW to 9.0 GW, a potentially staggering growth rate.
US-based solar PV manufacturer First Solar, reporting its fourth quarter and full-year 2016 results, reported its biggest-ever quarterly loss, as well as a massive net loss for the whole year, on the back of decreased revenue and a massive overhauling of the company.
The number two US solar PV manufacturer SunPower reported its earnings for the fourth quarter and full year 2016 this week, reporting a larger net loss than expected, and missing analyst expectations for revenue.
Israel-based solar PV inverter manufacturer SolarEdge has reported strong quarterly results, citing record revenues and 51% annual growth, despite a general slowdown in the US residential market hampering already strong figures. SolarEdge published its fourth quarter 2016 and full-year (year ended June 30) 2016 financial results last week, to a … [continued]
Yingli Green, after much delay, has finally published its Q4’15 and Full Year 2015 results, with an impressive net loss of $864.6 million. Yingli Green had to delay filing its Q4’15 and Full Year 2015 results as it needed more time to better assess its state of affairs. This week, Yingli … [continued]
