Financials

The solar PV module manufacturer reported strong growth for its energy storage business and an overall 105% year-on-year turnover growth. Its total module production capacity reached 19.7 GW at the end of June.

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.

After a Covid-19-stunted Q2, the company reported improved revenues for a second straight quarter, and closed 2020 with revenues north of $770 million.

Despite the coronavirus pandemic, the photovoltaic inverter maker was able to significantly increase its turnover and sales compared to the previous year.

Sunrun has reported a strong third quarter, as order volumes have increased significantly.

It took a pandemic, but the U.S. residential solar and storage industry has finally figured out how to lower customer acquisition costs.

An improved quarter for Enphase was carried partially by the U.S. launch of the Encharge storage system, as well as impressive revenue improvements in the European market.

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.

Tesla’s solar and battery businesses show signs of life in another profitable quarter for the EV manufacturer.