SolarWorld’s year of two halves laid bare as Q3 revenue contracts
Revenue of EUR 204 million is below both Q2 2016 and Q3 2015 despite slight shipments increase year-on-year. SolarWorld cuts production volume and staff in third quarter as it prepares for Q4.
Orange to build 34 MW of solar projects in Jordan
The solar plants from the telecommunications company are the first projects to be equity financed by the Catalyst MENA Clean Energy Fund, which is hoping to set up a selection of renewable energy projects across the Middle East and North Africa, beginning by taking advantage of Jordan’s new “wheeling law.”
Increases in all the right places for Meyer Burger ahead of recapitalization
Swiss solar manufacturing equipment supplier Meyer Burger posted improving financial results for the first three quarters of the year, just days after announcing a major recapitalization program that will see the company issue CHF 160 million in new shares.
Sunrun sprinting to 2016 finish line on strong Q3 results
Third party U.S. residential PV provider raises its outlook for the year after posting solid revenue and deployment figures in its third quarter financials.
Oxford PV to open perovskite fab in Germany
British solar technology pioneer acquires former thin-film production site of Bosch Solar in Brandenburg an der Havel, and will equip fab with pilot-scale capacity for perovskite wafers.
Etrion financial improvement continues in Q3
The Swiss power producer ups revenues and EBITDA year-over-year for Q3, one time impairment expense of $75.7 million on Chileasn solar write-down sees net loss soar, however.
The pv magazine weekly news digest
Trump up the volume: there was no escaping The Donald this week as the U.S. presidential election rocked the world, and with it, the solar sector. Other stuff happened too. Promise.
SMA earnings to Q3 grow strongly despite global inverter price pressures
The German solar inverter specialist reports 3.2% year-on-year sales increase to the end of Q3, while operating earnings increase considerably against same period last year. CEO warns of unknowns of Trump presidency, and rails against Chinese tactics.
SolarEdge returns to revenue growth in Q1 FY 2017
The Israeli power electronics company posts revenue for the quarter ended September 30 of $128.5 million, which is both a sequential and year-on-year growth, while operating income reaches $18.2 million.
SolarCity again uneven in Q3 as loans and system sales make their mark
Representing 23% of gross residential megawatts booked in the third quarter, SolarCity loan and cash sales helped drive a 76% revenue increase year-over-year as company exceeds 300,000 solar customers.
