Yingli Green Energy announced this week that in the first quarter of 2016 it achieved its first profitable quarter in nearly five years. The Chinese solar PV panel manufacturer has been suffering from poor and lackluster financial results for several years now, however, earlier this month Yingli Green Energy, also … [continued]
New US solar PV installations in the first quarter accounted for 64% of all new electric generating capacity installed across the country, according to new figures from GTM Research and the Solar Energy Industries Association. (Editor’s Note: This matches up essentially precisely my my estimate of 64.3%. And note that … [continued]
Preliminary financial results from struggling solar manufacturer Yingli Green Energy could provide the company’s first good news in years. According to the company’s Preliminary Financial Results for First Quarter 2016, Yingli Green Energy, also known as Yingli Solar, is set to report a positive net income for the first time … [continued]
Chinese solar module manufacturer Jinko Solar has reported an impressive start to 2016, and is now the world’s leading solar module supplier. Earlier this year, Jinko Solar reported significant improvements in its financials for 2015, and was at the time the world’s third largest supplier of solar PV modules. Just … [continued]
Trina Solar, the world’s largest solar manufacturer, says it expects shipments to increase in 2016, even with a slowdown in China in the second half of the year. The China-based solar manufacturer reports its first quarter 2016 results this week, and it was nearly good news across the board. Despite … [continued]
Solar PV manufacturer Canadian Solar beat all expectations, its own and others, in the first quarter of 2016, sending its share prices skyrocketing. In the company’s first quarter 2016 results, Canadian Solar reported impressive total solar module shipments and net revenue, and walked away with a healthy net income for … [continued]
Elon Musk’s solar provider SolarCity saw its shares plummet this week, as the company reported a net loss higher than expected by investors. In the company’s first quarter earnings report, published this week, SolarCity revealed it had lost $2.56 per share in the quarter, and was expecting to post similar … [continued]
After its fallout with SunEdison, Vivint Solar continued its overall decline, reporting a net loss this week of $31.2 million in its first quarter. Earlier this year, in advance of SunEdison’s filing for bankruptcy, Vivint Solar and SunEdison parted ways on acquisition plans. Though Vivint Solar pledged legal action, Vivint … [continued]
US solar power company SunPower has reported a net loss in its first quarter earnings, despite strong manufacturing capacity. The California-based solar PV manufacturer published its first quarter earnings report this week, but it seems that investors were already preparing for the worst, as the company’s share price has dropped … [continued]
Spanish wind energy manufacturer Gamesa has reported impressively strong increases on revenue and net profit in its first quarter earnings. Gamesa published its first quarter earnings report this week, revealing increases across the board. Revenue was up nearly 30% to €1,064 million, while net profit increased by 15%, reaching €72 million. The … [continued]
