Author: Joshua S Hill

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SunEdison Beats Own Forecast With Record Third Quarter, Stocks Plummet

Despite a record third quarter delivery, the world’s largest global renewable energy development company, SunEdison, saw its stocks plummet 22%. SunEdison has been under intense pressure over the last six months to perform across all metrics, a task that shareholders do not believe the company is living up to. In its third quarter financial earnings […]

November 11th

IHS Predicts Record Solar PV Module Production & Shipment Through First Half Of 2016

Analytics company IHS has predicted solar PV production and shipments to skyrocket through the first half of 2016. In a new forecast published Monday, IHS concluded that “installation deadlines, sunsetting solar tax credits, and other policy dynamics of the two largest global solar markets, China and the United States,” are going to push solar PV […]

November 10th

First Solar Sees Strong Growth In Record-Breaking Third Quarter

First Solar has recorded third quarter financials replete with record sales, earnings per share, and bookings. One of the world’s largest solar PV developers and manufacturers, First Solar recorded an impressive third quarter this year, with increases to record-levels of net sales, GAAP earnings per fully diluted share, and quarterly and year-to-date bookings. Specifically, First […]

November 10th

GTM’s Shayle Kann Predicts Future Of US Solar

Shayle Kann, the director of GTM Research, is predicting the US solar industry to continue on its impressive growth streak, and to play a “meaningful role” in the future of electricity in the US. The former Fullbright scholar, who now directs GTM Research, the market analysis, advisory and consulting division of Greentech Media, is behind the […]

November 10th

SunEdison Completes New Hampshire’s Largest Solar Power Plant

SunEdison has completed the construction of New Hampshire’s largest solar power plant, a 942 KW project located in the town of Peterborough. The world’s largest renewable energy development company made the announcement last Friday upon completion of the 942 kilowatt DC solar power plant, which will now generate solar power for the town over the […]

November 9th

REC Solar Boosts Shipments In Q3 Reaching Sales Record

Integrated PV module manufacturer REC Solar has released its third quarter earnings, revealing a boost in shipments and sales. REC Solar is Europe’s largest brand of solar panels, having produced more than 15 million panels by the end of 2014. Based out of Norway, the company revealed its third quarter financial earnings report this past […]

November 9th

SolarEdge Reports Record Quarter Results

Israeli-based solar PV inverter manufacturer SolarEdge reported record quarter revenue this week, taking in $115.1 million. In the company’s first quarter-2016 financial earnings report (Q1’16), SolarEdge reported record revenue of $115.1 million, up $16.9% on the quarter-previous, and up 71.8% year-over-year. The company shipped 356 MW (AC) of solar inverters during the quarter, which according […]

November 6th

SolarWorld Grows Sales & Revenue In Q3

Germany solar giant SolarWorld has reported increased shipments and revenue in its third quarter earnings report last week. Reporting to shareholders last Thursday, SolarWorld reported increased shipments of solar power modules and kits across the first three quarters of the year of 25%, reaching 755 MW, up from Q1-Q3’2014’s 602 MW. The US was the […]

November 4th

First Solar’s Preliminary Q3 Earnings Boast Strong Performance

First Solar has released preliminary guidance on its third quarter earnings, with net income of $346.2 million and recorded sales of $1.3 billion. The company’s quarterly earnings are “preliminary” due to the need to analyze “a discrete income tax matter related to a foreign jurisdiction.” First Solar “believes that based on its preliminary analysis, the tax […]

October 30th

SolarCity Shares Tank After Mixed Q3 Earnings Report

One of America’s leading solar developers, SolarCity, has seen its shares tank after a mixed third quarterly earnings report which saw record installations but failed earnings per share. In its third quarter 2015 shareholder letter (PDF), the US solar giant reported that it had installed a record of 256 MW of distributed solar in the […]

October 30th