Shoals reports record Q2 revenue, profit despite challenges
US balance-of-system specialist Shoals posted record revenue and gross profit in the second quarter on rising sales of components and strong demand for its combine-as-you-go system.
Supply chain difficulties translate into losses for SMA
SMA’s Home Solutions segment was particularly badly hit as the PV inverter manufacturer struggled to meet the demand due to the shortage of materials. The sales and results in the first half of 2022 were therefore significantly worse than in 2021. The company now wants to take “a series of measures to improve its long-term ability to deliver.”
SMA exceeds €1bn in sales for first time since 2012
German inverter manufacturer SMA has managed to shake off the impact of the pandemic by posting strong revenue and profits for 2020.
SunPower posts solid Q4 results as storage drives growth
SunPower’s distributed-generation services platform, as well as storage and digital solutions, will be key to its long-term growth, CEO Tom Werner said in an earnings call this week.
SMA passes billion-euro mark in 2020 sales, expects further growth
Despite the Corona pandemic, SMA Solar was able to significantly improve its financial results over the past year and has met its 2020 forecasts. Overall, the German PV company has installed more than 100 GW of solar inverter power globally.
SMA swings to profit in first three quarters of 2020
Despite the coronavirus pandemic, the photovoltaic inverter maker was able to significantly increase its turnover and sales compared to the previous year.
SunRun’s Q3 earnings reveal strong growth
Sunrun has reported a strong third quarter, as order volumes have increased significantly.
Solaredge sees slight profit growth in Q3
Despite a significant drop in turnover, the Israeli inverter maker was able to increase its net result in the third quarter of this year, in which it shipped around 1,415 MW of its products. In the first nine months of the year, the company’s revenue increased year-on-year from $1 billion to $1.1 billion.
First Solar posts strong Q4 results, announces 445 W module
Strong net sales, 1.6 GW of bookings, plans for a 445 W panel, and environmental recognition for the Series 6 line point to another successful quarter.
Jinko posts $47m, second-quarter profit
The Chinese solar manufacturer shipped 4.46 GW of modules for turnover of $1.2 billion from April to June and expects to move 20 GW of panels this year.
