German solar PV manufacturer SolarWorld confirmed its original lackluster preliminary financial results this week, with marginal growth against a backdrop of a lingering legal dispute with US polysilicon supplier Hemlock. Earlier this month SolarWorld published its preliminary results for the second quarter of 2016, which posited only small revenue growth … [continued]
Struggling US solar company Vivint Solar has reported better than expected financial results for the second quarter, resulting in renewed investor confidence. Vivint Solar published its second quarter 2016 financial results this week, and though there wasn’t a lot of overall growth, for a company in Vivint Solar’s position, anything … [continued]
SunPower, one of the United States’ leading non-residential solar installers, has dropped a massive bombshell as it revealed a massive reduction in its 2016 guidance and announced a 15% cut to its workforce, resulting in 1,200 jobs being shunted out the front door. According to SunPower president and CEO Tom … [continued]
The leading US solar developer SolarCity posted a $250 million net loss in the second quarter of 2016, despite exceeding installation guidance for the quarter. SolarCity published its second quarter earnings this week to shareholders, highlighting what good news it could in its Shareholders Letter. However, nothing could hide the … [continued]
The United States’ largest solar PV manufacturer reported better than expected sales and profit this week as it published its second quarter financial results. First Solar announced on Wednesday net sales of $934 million, an $86 million increase on the first quarter of 2016, and a $38,164 increase on the … [continued]
Spanish wind energy giant Gamesa has continued its strong performance this year with a 42% increase on net profit, and record revenues, orders, and returns. Gamesa reported €138 million in net profit for the first half of the year, up 42% on the same period a year earlier. The company also … [continued]
China’s Yingli Green Energy has reported widespread losses in its second quarterly earnings, forcing the company to slash its full-year shipping guidance. One of the world’s major tier-1 solar PV manufacturers, Yingli Green Energy has seen continued declines in revenue and shipping over the last year. For the second quarter, … [continued]
Chinese solar PV manufacturer JinkoSolar announced increased shipments and revenue in its second quarterly earnings report this week. Announced Thursday, JinkoSolar Holding published its second quarter earnings report, which included an increase in the company’s full-year 2015 guidance for shipments, up from the original 3.3 GW and 3.8 GW to now … [continued]
Vestas wind reported increased revenue, earnings, and free cash flow in the second quarter of 2015, including its seventh straight quarterly profit. The Danish wind turbine manufacturer released its interim financial report for the second quarter of 2015 on Wednesday, highlighting “revenue, earnings, and free cash flow increased compared to … [continued]
Leading global solar PV manufacturer Trina Solar published its second quarterly earnings Tuesday, highlighting its second straight quarter of record results. The Chinese-based manufacturer is a global leader in PV modules, solutions, and services, and finished the second quarter of 2015 with total module shipments worth 1,231.6 MW — 20% … [continued]
