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]
Bloomberg New Energy Finance has released figures showing that clean energy investment sat at $53 billion in the second quarter of 2015, continuing to lag behind 2014 figures. Global Headwinds 2014 was a big year for clean energy investment, but that trend has certainly not continued through to 2015. Investment … [continued]
Once one of the world’s leading wind turbine manufacturers, Suzlon Energy announced this week poor quarterly earnings ending March 31, nearly doubling its net loss on the same time a year earlier. Suzlon Energy experienced another net loss in this quarter, its fourth financial quarter, ending March 31. The loss amounted to Rs 1,212 crore, nearly … [continued]
One of China’s global PV module manufacturers, Jinko Solar, announced its first quarter earnings for 2015, revealing an increase in revenue not normally seen until later quarters. Though Jinko Solar’s numbers were still mostly down on the previous quarter (Q4’14), they were up significantly over a year earlier, proof of true … [continued]
Trina Solar announced a record 1,025.2 MW of solar modules shipped in the first quarter of 2015, in a Q1’15 report that also included net revenue which was up on a year earlier, but down on Q4’14. On Thursday, Trina Solar, one of the global leaders in PV modules, announced net … [continued]
In a week with several big-name renewable energy companies releasing their first quarter earnings reports for 2015, SunEdison has outshone them all. Despite only steady Q1’15 results, SunEdison — the world’s largest renewable energy developer — also announced the acquisition of seven renewable energy portfolios in emerging countries, and the … [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]
Danish wind energy giant Vestas Wind Systems announced its first quarter earnings for 2015, and with revenue, earnings, and free cash flow all increasing compared to a year earlier, the company has improved their outlook for 2015. Revenue for the Vestas’ first quarter was €1,519 million, up 18% from Q1’14’s €1,283 … [continued]
Spanish wind turbine manufacturer Gamesa has released its first quarter earnings report for 2015, and it’s good news all around, with increase in revenue and sales, pushing the company’s shares to a near-yearly high. Announced on Wednesday, Gamesa revealed that the company’s revenues increased 43% to €820 million, from €573 million in … [continued]
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]
