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Financials

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.

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Enphase closes 2020 with a strong Q4

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.

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.

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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.

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SunPower raises guidance after solid Q3 driven by energy storage

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

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Enphase reports 3Q revenue rebound, aided by new storage product

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.

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.

Tesla’s Musk: ‘Energy business will ultimately be as large as our vehicle business’

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

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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.

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