Once one of the world’s leading wind turbine manufacturers, Suzlon Energy announced this week poor quarterly earnings ending March 31, nearly doubling its net loss on the same time a year earlier. Suzlon Energy experienced another net loss in this quarter, its fourth financial quarter, ending March 31. The loss amounted to Rs 1,212 crore, nearly … [continued]
Solar panel manufacturer Yingli Green Energy, also known as Yingli Solar, reported its 2014 fourth quarter and full-year earnings on Wednesday, and it wasn’t good news, with a greater-than-expected operating loss and relatively flat shipments and revenue for the year. Total revenue for the company in the fourth quarter was … [continued]
Vestas Wind Systems announced on Friday that it has been awarded a contract for 122 MW of wind turbines for a wind power project located in Sweden’s Ljusdal and Bollnäs municipalities, which takes the company’s total order intake in 2015 over 1 GW. Alliance Capital Partners ordered 37 V117-3.3 MW wind … [continued]
Ascent Solar, a thin-film developer of consumer, commercial, and military solar products out of Colorado, US, revealed its 2014 fourth quarter and full-year financial results Wednesday, and it was a good news/bad news day for the company. The company raked in total revenue for the fourth quarter of $2.4 million, … [continued]
Canadian Solar has released its fourth quarter and full-year 2014 earnings, reporting record projects sold, shipped, revenue, net income, and free cash flow, missed market estimates, and still saw its shares jump an incredible 14%. Never let it be said that finances make sense. In the wake of a number of … [continued]
A new tax and an increase in operating expenses hit JinkoSolar hard in the fourth quarter of 2014, despite record shipments and revenue, again proving that it’s all about market expectations. JinkoSolar announced its 2014 fourth quarter and full-year earnings early this week, and highlighted record shipments of 838.2 MW, … [continued]
Gamesa, one of the world’s leading wind turbine manufacturers, has announced an increase in sales and profitability in its 2014 fourth quarter and full-year earnings report, and has subsequently resumed dividend payments to shareholders. Based in Spain, Gamesa reported its Q4’14 earnings this Thursday, announcing a 22% increase in revenues … [continued]
American solar PV manufacturer SunPower has posted impressive growth in its 2014 fourth quarter earnings report, up nearly double to $1,164.2 million. And unlike competitor (and possible future yieldco partner) First Solar, SunPower’s shares have maintained the bump they saw following the yieldco announcement through its earnings reporting. SunPower announced its 2014 fourth … [continued]
American solar PV manufacturer First Solar announced its 2014 fourth quarter financial earnings Tuesday, and despite revealing an increase in net sales of $119 million, the company still saw its shares fall 1% in after-hours trading. Which all goes to show what any business or finance major will tell you — … [continued]
The world’s newest largest renewable energy company, SunEdison, has released its fourth quarter 2014 financial results, and it’s good news-bad news, with record installations but a net loss of $242.1 million. Late 2014 SunEdison announced its intention to acquire wind energy developer, First Wind, in cooperation with its newly founded … [continued]
