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.
America’s third largest residential solar provider, Vivint Solar, announced its second-quarter earnings report this week in which it posted solid installations and installations but missed analyst expectations on earnings and revenue.
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.
Leading US solar manufacturer First Solar reported its second-quarter earnings in late July, which showed revenue of only $309 million, down $258 million from the previous quarter due to expected lower system and third-party module sales.
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.
