The news just keeps getting worse for struggling Chinese solar PV manufacturer Yingli Green Energy, as it finally published its long-awaited fourth quarter and full year 2016 financial results this week, reporting a net loss of $293.6 million and an uncertain 2017.
Canadian Solar published its fourth quarter and full-year 2016 financial results this week, and despite impressive and record-high shipment figures, the company finished the year well behind on revenue due in part to the massive cost declines we have seen in the global solar industry.
It has been a near-perpetual rocky road for US solar energy developer Vivint Solar, and its latest twists and turns are not looking great for the company as it reported a lackluster fourth quarter and full-year for 2016.
Chinese solar PV manufacturer Jinko Solar reported a very impressive growth in 2016, even with a solid-but-lackluster fourth quarter, and further shocked experts by guiding 2017 solar PV module shipments in the range of 8.5 GW to 9.0 GW, a potentially staggering growth rate.
US-based solar PV manufacturer First Solar, reporting its fourth quarter and full-year 2016 results, reported its biggest-ever quarterly loss, as well as a massive net loss for the whole year, on the back of decreased revenue and a massive overhauling of the company.
The number two US solar PV manufacturer SunPower reported its earnings for the fourth quarter and full year 2016 this week, reporting a larger net loss than expected, and missing analyst expectations for revenue.
Danish offshore wind energy giant DONG Energy reported a massive 119% increase in operating profit in 2016, reported this week, and accompanied by the news that the company would completely phase-out coal by 2023.
Israel-based solar PV inverter manufacturer SolarEdge has reported strong quarterly results, citing record revenues and 51% annual growth, despite a general slowdown in the US residential market hampering already strong figures. SolarEdge published its fourth quarter 2016 and full-year (year ended June 30) 2016 financial results last week, to a … [continued]
