Ontario-based Canadian Solar published its first quarter earnings this week, beating its own guidance in terms of shipments and net revenue, and holding up well against previous quarters and expected losses in a declining solar prices market.
US solar PV manufacturer SunPower reported its first quarterly earnings this week, revealing revenue well down on the previous quarter, but managed to scrape by without it being a complete disaster by reporting a “smaller than expected” first quarter net loss.
Vivint Solar, one of America’s leading but perpetually struggling residential solar installers, this week reported a somewhat surprising quarterly profit on its first quarter, though it marginally missed meeting analyst expectations.
Danish wind turbine manufacturer Vestas Wind Systems A/S has beaten analyst forecasts for its first quarter, posting a 29% increase on revenue for €1,885 million, sending the company’s shares skyrocketing to a 9-year high.
US-based solar PV manufacturer First Solar, after a dismal fourth quarter and full-year 2016 financial report, surprised everyone last week when it posted a strong first quarter which beat expectations and allowed the company to upgrade its guidance for the full-year 2017.
Danish wind energy giant DONG Energy published its first quarter financial results on Thursday, and it was mixed news for investors, whose reaction caused share prices to drop 2.7%.
