Leading PV manufacturer Yingli Green Energy reported its third quarter earnings Tuesday, and while it reported solid revenue for the quarter, fourth-quarter and full-year guidance for module shipments show a much poorer picture. Yingli Green reported revenue for the third quarter of $551.5 million, up slightly on the previous quarter’s $549.5 … [continued]
Trina Solar announced its third quarter earnings on Monday, with increased revenue but also a drop in guidance for fourth quarter shipments due to the cancellation of a 130 MW solar project in Inner Mongolia. The company’s revenue increased 18.8% this quarter, rising from $519,425 to $616,844 over the quarter on shipments … [continued]
Chinese solar manufacturing company Hanwha SolarOne has announced disappointing third quarter earnings, blaming “prevalent industry trends” for the less than stellar report. Total revenue for the third quarter was up on Q2’14 figures, increasing from $178.5 million to $195.2 million on an increase in shipments from 339.5 MW to 373.2 MW. However, … [continued]
Continuing the trend of solar manufacturers showing slight growth over the last half of 2014, JinkoSolar announced its third quarter earnings this week, reporting record-high module shipments, and a slight increase in revenue. However, the big news was the company’s expectation to ship over 1 GW of modules in the … [continued]
Canadian Solar, one of the world’s leading solar power companies, announced its third quarter earnings Wednesday, with figures beating all expectations and the company’s own guidance for the quarter. However, despite strong growth over the quarter, tentative guidance for the fourth quarter based on the US trade case has seen the company’s … [continued]
In its first quarter as a publicly owned company, US-based Vivint Solar announced Monday relatively good figures for the third quarter, with significant increases over a majority measures. However, despite strong gains, the company reported a loss of 66 cents a share across the quarter, causing some further fluctuation on … [continued]
The largest US solar manufacturer, First Solar, reported its third quarter earnings to investors on Thursday, with mixed results for the quarter. Sales were up on the previous quarter, but significantly down on a year ago, while the company’s stock dropped precipitously based on the company’s decision not to move ahead … [continued]
Following a strong trend in the wind industry of growth over 2014, Gamesa released its third quarter earnings Thursday, with 26% growth reported over the previous third quarter. Unlike Vestas Wind, which also released its third quarter figures Thursday, Gamesa relies on year-to-date statistics rather than quarterly figures. As a result, gaining an … [continued]
Danish group Vestas Wind Systems, the world’s premier wind turbine maker, released its third quarter earnings report for investors Thursday, and is showing strong and continued growth over the first 9 months of the year, as well as compared to a year previously. Revenue and profit are both up, despite a drop in … [continued]
SolarCity released its third-quarter earnings report to investors on Wednesday, revealing a nearly 20% increase in revenue over the same quarter a year earlier. In a letter to shareholders (PDF), SolarCity CEO, Lyndon Rive, and CFO, Brad Buss, wrote that their company’s “long-term value creation for shareholders has never been stronger,” … [continued]
