Canadian Solar earnings slip 63% sequentially in Q1, beats expectations for quarter
The Chinese solar firm achieved net income of $22.6 million in the first quarter, down by 63% on Q4 2015, but $721.4 million revenue beat Q1 guidance, which ranged between $645 million and $695 million.
Delayed Yingli financials reveal 2015 net loss of $864 million, debts of $1.8bn
The Chinese solar giant saw its operating expenses increase to 54.3% due to severe impairment losses on property, plant and equipment; revenue and module shipments also down Y/Y.
SPI to raise US$58 million through private placement
The move follows a delay in the Chinese solar developers annual results and a shift in directors, less than four months after its IPO.
SolarEdge strengthens again with 45% Q3 revenue increase year-over-year
Israeli inverter and power optimizer specialist achieves $125.2 million in revenue for the fiscal third quarter, with 416 MW of inverters shipped and GAAP gross margin of 32.5%.
Back to business as usual for Vivint Solar, as it releases Q1 results
After the trauma of the failed acquisition by SunEdision, Vivint Solar is going back to its business roots and has posted first quarter results that show increasing installations and bookings, although its costs are on the rise.
GT Advanced Technologies to release new multicrystalline furnace at SNEC
Its more positive news for GT Advanced Technologies after emerging from bankruptcy earlier in the year, with the new furnace capable of producing more than 20 MW worth of ingots annually.
Latin America becomes more attractive for renewable energy investment, as Europe suffers the reverse trend
Emerging markets, especially in Latin America, are becoming hot beds for renewable energy investment, while European countries tumble down the league table of the Ernst & Young renewable energy country attractiveness index.
Martifer Solar teams up with Canadian Solar for 63MW PV plant in Mexico
The 63MW PV project was awarded to Canadian Solar during Mexicos first electricity auction following the nations energy reform and will now be developed by Martifer Solar and JV Partners in Aguascalientes, Mexico.
Enphase Energy launches its Enphase AC Battery in Australia and New Zealand
The two countries will be the first region in the world where the California-based company will be selling its Enphase Home Energy Solution, as it continues to expand into international markets.
JA Solar opens a new 1.5 GW module manufacturing facility in China
The new, fully automated facility will produce 60-cell and 72-cell modules and adds another large chunk of manufacturing capacity to the growing Chinese company.
