Danish wind energy giant Vestas published its second-quarter earnings last week, revealing steady revenue and a “solid” order intake for the quarter combining to increase the company’s order backlog to a high level.
South Korean-German solar manufacturer Hanwha Q Cells published its second-quarter financial results this week, revealing decreased net revenues and a net loss.
Canadian Solar published its second-quarter earnings report this week and it was a mixture of good news and bad news for the world-leading solar power company, which reported guidance-beating shipments but guidance-missing revenue, resulting in downgraded company guidance for the full year, citing global challenges in the solar market.
Leading Chinese solar manufacturer JinkoSolar published its second-quarter earnings this week, reporting its second largest quarter ever for shipments and maintaining its mammoth shipping guidance for 2018, but managing to nevertheless still miss analyst expectations.
US residential solar company Sunrun confirmed itself as the country’s leading solar installer in the second quarter by installing a total of 91 megawatts (MW) worth of new capacity, it’s best ever quarter, despite also reporting earnings-per-share well under expectations.
Israel-based solar PV inverter manufacturer SolarEdge announced its second-quarter earnings report last week in which it reported record revenues and shipments, but investors were unhappy and the company’s share price fell sharply on the back of the news.
SunPower, a world-leading solar manufacturer based in California, published stronger than expected second quarter earnings in late July, but offset any good news by guiding massive losses for the full year.
June 30th brought with it the end of the financial year in some spots around the world as well as the end of the second quarter, and Danish wind turbine manufacturer Vestas finished the month with a flurry of activity, announcing 9 wind turbine orders worth 803 megawatts (MW) and a renewed service agreement for 1,150 MW across the United States.
Siemens Games Renewable Energy announced its latest quarterly-earnings last week, revealing record onshore order intake and a steady order book, despite the increasing pressure of a contracting and tight-fisted industry that is competing for every dollar earned.
Yingli Green Energy, also known as Yingli Solar, published its second quarter earnings report this week, and its again good news mixed with bad, with record shipments of 1,146.6 MW but increasing net and operating losses.
