South Korean solar PV manufacturer Hanwha Q CELLS announced last week its third-quarter financial results for 2018, and it was almost universally bad news with net revenue growth slowing as the company posted operating and net losses and lowered full-year shipping guidance.
Chinese solar PV manufacturer Jinko Solar announced its third-quarter earnings earlier this week revealing better than expected earnings and revenues thanks in part to a new company and industry solar module shipment record of 2.95 gigawatts (GW).
Canadian Solar, one of the world’s largest solar power companies, announced its third-quarter financial results on Thursday, revealing middling performance which saw the company beat earnings expectations but miss its guidance on revenue, forcing it to lower its full-year 2018 revenue guidance for the second time this year.
One of the world’s leading residential solar companies, Sunrun, posted its third-quarter earnings on Wednesday to mixed reception, reporting that it installed 100 megawatts (MW) worth of new solar installations over the quarter, but also posting a net loss which surprised investors and analysts.
American residential solar provider Vivint Solar has had an impressive start to the month of November with three big announcements which solidify the company’s standing as the country’s solar leaders, as it surpassed the 1 gigawatt (GW) milestone for rooftop solar installations amidst a strong third quarter and expanding its California offerings.
Struggling China-based solar PV manufacturer Yingli Green Energy has confirmed its own low expectations for its third quarter, reporting lackluster revenue and shipments, and an operating loss of $34 million. Unsurprisingly, the company also lowered its shipping guidance for the full year 2016.
China-based struggling solar manufacturer Yingli Green Energy, also known as Yingli Solar, has confirmed the anticipated lull in the solar industry it predicted back in the second quarter.
Chinese-based solar manufacturer Trina Solar reported its third quarter earnings this week, well-and-truly missing their own shipping and revenue guidance for the quarter, but beating market analysts’ expectations.
Canadian-based solar PV manufacturer Canadian Solar has reported a lackluster third quarter, joining its North American brethren in what has been a tough year for solar companies in the region, forcing the company to revised downwards its full-year guidance, and seeing its shares tumble.
Chinese solar PV manufacturer Jinko Solar announced its third quarter earnings this week, and though shipments and revenue were down slightly over the second quarter, the company is nevertheless confident of a strong 2016, raising full-year shipping guidance.
