SunPower, one of the United States’ leading non-residential solar installers, has dropped a massive bombshell as it revealed a massive reduction in its 2016 guidance and announced a 15% cut to its workforce, resulting in 1,200 jobs being shunted out the front door. According to SunPower president and CEO Tom … [continued]
Only days after Tesla moved to purchase SolarCity, America’s leading solar developer has downgraded its 2016 guidance for MW installed. SolarCity announced on Monday that it and Tesla had agreed to combine their businesses, becoming “the world’s only vertically integrated sustainable energy company.” However, despite exceeding second quarter guidance for … [continued]
JA Solar, one of the world’s largest solar manufacturers, announced it is increasing its fourth quarter guidance in the wake of global growth. The Shanghai-based solar cell producer, self-billed as “one of the world’s largest manufacturers of high-performance solar power products,” and revealed by GlobalData earlier this week to still … [continued]
American solar PV manufacturer First Solar has reported record annual net sales but lowered guidance for 2016 in the wake of the solar ITC extension. First Solar published its fourth quarter and full year 2015 financial results this week, reporting record annual net sales of $3.6 billion. However, fourth quarter … [continued]
First Solar, one of the world’s premier solar PV manufacturers, expects to ship between 2.9 and 3.0 GW worth of product in 2016, according to new financial guidance. The US-based PV manufacturer published its full year 2016 guidance on Wednesday, a month after it reported yet another record-breaking third quarter … [continued]
Originally published on Solar Love A fortnight before it reveals its third quarter earnings, global solar company Canadian Solar has revealed it will exceed its original Q3 guidance. In a press release published on Monday, Canadian Solar, one of the world’s leading solar companies, updated its business outlook for the … [continued]
Reporting on its financial results for the first fiscal quarter of 2014, SolarCity announced Monday that it had added their largest quarterly gain in customers, 17,664, pushing their total customers up to over 110,000. SolarCity remain confident that they remain “firmly on track” to meet their one million customer target by … [continued]
