The German inverter manufacturer reports that shipments remained stable in the first half of this year, while revenues were down compared to a year earlier. The company, however, has raised its outlook for 2017.
The German PV equipment supplier expects to post a loss for this year, due to a €11 million compensation paid to Algerian company CEEG.
The company credited shipments of nearly 2 million optimizers and 75,000 inverters, along with increased sales in Europe, for the increase.
The high efficiency PV maker has decided not to find a replacement for fellow sponsor First Solar, and instead to get out of the yieldco business.
The California-based equipment supplier sold one Matrix solar ion implant system and two Energi solar implant systems during the second quarter of this year.
First Solar is scrambling to meet demand as the Section 201 case drives module hoarding, and may keep its Series 4 product running longer at its Malaysia plant.
The Norwegian developer had a project backlog of 1,143 MW and a project pipeline of 745 MW at the end of the second quarter.
The South Korean-headquartered solar company posts operating income of $28 million following loss of $21 million in Q4 2016. Revenue was steady, but shipment figures were once again left undisclosed.
The German project developer reported a loss in Q1 2017, despite a considerable rise in revenue.
The U.S. supplier of automation systems for the PV industry also saw order intake and quarter-end backlog increase in the latest quarter. All of the company’s segments contributed to the turnover growth registered in this period.
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