Chinese solar PV manufacturing giant Jinko Solar announced its first quarter 2019 financial results last week, which revealed the company’s first-quarter shipments jumped 50.7%, leading in part to a decision to again expand its manufacturing capacity.
Canadian Solar, one of the world’s largest solar manufacturers, published its first quarter earnings results last week, revealing a narrower-than-expected net loss and increased guidance for the second quarter, resulting in strong moves on the stock market.
Danish wind energy manufacturing giant Vestas Wind Systems A/S published its first quarter earnings earlier this month, revealing slumping profit and minimal revenue growth despite a record first quarter order intake and an all-time high order backlog.
Silicon Valley solar manufacturer SunPower announced a first quarter net loss of nearly $90 million earlier this month amid restructuring costs and an operating loss of $117 million, but the company looks to be trending towards profitability as it focuses on distributed solar and storage.
Israeli smart energy technology company SolarEdge published its first quarter 2019 earnings earlier this month and again showed record growth for the quarter thanks to strong demand in Europe.
US-based solar manufacturer First Solar announced its first-quarter earnings earlier this month revealing a heavy net-loss and missing earnings expectations due primarily to its US and Japanese Engineering, Procurement and Construction (EPC) business, leading the company to announce a planned restructuring.
Siemens Gamesa Renewable Energy published its first-quarter financial results last week revealing increased profit, revenue, and earnings driven primarily through growth in its offshore wind business.
Global leading Chinese solar PV manufacturer JinkoSolar has confirmed this week it intends to ship between 11.5 and 12 gigawatts (GW) worth of solar modules in 2018, despite also reporting first-quarter earnings down 20.9% year-over-year.
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%.
Canadian Solar, one of the world’s leading solar power companies, announced its first-quarter earnings last week, beating its own guidance for shipments and revenue, but provided significantly weaker guidance for its second-quarter revenue.
