German solar PV manufacturer SolarWorld reported increased shipments and revenue in its first quarter earnings report for 2016. Specifically, SolarWorld increased shipments by 62% in the first quarter to 341 MW, compared to 210 MW in the first quarter a year earlier. SolarWorld said that shipments “grew strongly” in the … [continued]
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]
US solar PV manufacturer First Solar reported a strong start to 2016, though net sales were down $94 million in Q4’15. First Solar published its 2016 first quarter earnings on Wednesday, and though net income was up, net sales had dropped somewhat on the previous quarter. However, overall, and especially … [continued]
Danish wind energy giant DONG Energy has reported a “Highly satisfactory start to the year” in its first quarter earnings report. In its Interim financial report for Q1 2016, DONG Energy revealed EBITDA (Earnings before interest, taxes, depreciation and amortization) was up 35%, sitting at DKK 8.1 billion in Q1 2016 … [continued]
