Solar sales recover for electronics brands LG, Kyocera and Panasonic
Korean conglomerate LG reports increasing demand for its high-efficiency PV products in key markets while Kyocera said its solar business is improving profitability. Panasonic posted a slight increase in sales for its PV segment, including solar manufacturing.
Enphase is riding high
Enphase’s Q3 results show a company that has turned its fortunes around, with revenues more than doubling and high profitability, but questions remain around growth potential.
First Solar’s great ramp forward
First Solar has reported the largest quarterly production run and shipment volume in its history, and more than 2 GW of bookings in July alone. And with more factories underway, the thin film PV maker is just getting started.
Meyer Burger seals $100 million HJT order, expects to hit break-even in first half
Swiss equipment supplier Meyer Burger has signed a contract to supply heterojunction cell manufacturing equipment to an unnamed North American manufacturer. The company also posted its preliminary results for the first half, posting a $14 million EBITDA loss but stating it expects to break even for the period after selling its wafer business.
SunPower could break into the black this quarter
The high efficiency PV maker may be hot on the tail of its golden goose, with demand outweighing supply for the company’s new A-Series and P-Series modules. And now that reetooling is over, it’s time to sell.
SMA posts first-quarter loss
Sales revenue declined at the start of the year despite steady inverter shipments. The reverse was mainly due to sluggish project business and SMA is predicting significant increases in sales and earnings in the second half.
SolarEdge just keeps growing
The Israeli power electronics maker’s revenues and shipments keep rising as it absorbs more companies, but the pending increase in Section 301 tariffs leaves some clouds in the future.
Enphase can’t keep up with demand
The US microinverter maker reported its second consecutive quarter of profit and is sold out into the second half of the year, as it continues to battle tariffs and component shortages.
Wacker blames low poly prices for Q1 profit slump
Lower prices for polysilicon, combined with higher energy costs, pushed Wacker Chemie’s operating result for the first quarter of 2019 more than expected. However, the German company remains committed to its original annual forecast for 2019.
Kyocera reports decline in solar sales for 2019
The drop in sales of solar energy products was mainly responsible for a 28% year-on-year turnover drop of the Life&Environment Group division, which includes the Japanese company’s activities within solar.
