Global and leading US solar PV supplier First Solar saw its shares tank nearly 20% after the company slashed its expected sales for the full-year 2016, and reported third quarter net sales down nearly $250 million from the prior quarter.
One of America’s leading solar energy companies, SunPower, has taken a hard hit on the back of a subdued 2016, Donald Trump’s presidency, and a “significant near term market dislocation” causing the company to slash 2016 guidance and initiate cost cutting plans for 2017.
Spanish wind energy giant Gamesa has continued its exceedingly strong 2016 with a third quarter of increased profit, improving 2016 guidance, as the company’s shareholders vote unanimously to approve the merger with Siemens Wind Power.
In the company’s second quarter as a publicly listed company, Danish energy giant DONG Energy confirmed its long-rumored intentions to divest itself of its Oil & Gas division, amidst third quarter earnings which saw earnings increase by 7%.
One of America’s leading solar developers Vivint Solar reported slight improvements in its business this week when it published its third quarter financial results, with a slight bump in revenue and continued improvements in the cost-per-watt of its products.
The leading US solar developer SolarCity posted better-than-expected third quarter financial results, posting a markedly improved revenue and smaller losses than analysts had predicted. However, it is the upcoming vote to accept a merger with Tesla that is drawing most of the focus.
The fourth quarter is shaping up to be the United States solar market’s biggest quarter on record, according to new projections published Wednesday. A new report from GTM Research and the US Solar Energy Industries Association (SEIA) published on Wednesday looked back at the third quarter, and ahead to the … [continued]
Chinese-based solar PV manufacturer Trina Solar announced this week a record third quarter of shipments, and a cumulative total since 2005 of over 15 GW. However, a legal settlement of $45 million saw the company post its first net loss (of $20 million) since 2013. Trina Solar announced its third … [continued]
JA Solar has reported its third quarterly earnings report, highlighting record shipments and increased net revenue. Beijing-based ‘Silicon Module Super League’ (SMSL) member JA Solar published its third quarterly earnings on Tuesday, reporting an increase in shipments, net revenue, gross margin, earnings per shares. Total solar module shipments reached 1,126.8 MW, … [continued]
Vivint Solar has reported a confident series of third quarter earnings figures, including increased installations and revenue. The Utah-based solar leasing firm published its third quarter earnings report on Monday, revealing a total of approximately 61 MW installed during the quarter, which is up 24% year-over-year, and brings the company’s … [continued]
