All posts from Joshua S Hill

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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

First Solar Celebrates 529 MW Raft Of Orders

First Solar has announced three separate orders that, when added up, total 529 MW of power purchase agreements and thin film solar modules. On the same day that the global solar PV company released its third quarter earnings report, First Solar also revealed these three separate project announcements. First of all is an order for […]

October 30th

SunPower Reports Strong Quarter, Despite Net Loss

US solar panel manufacturer SunPower revealed a strong Q3 despite a lack of revenue growth and a net loss. These may sound like contradictory statements, but SunPower is currently in the midst of moving towards a different financial model that focuses more on retaining assets rather than selling them — subsequently impacting the quarterly revenues […]

October 29th

Sunrun Surpasses 100,000 Home Solar Customers

America’s largest dedicated residential solar company, Sunrun, announced Tuesday that it had surpassed 100,000 home solar customers. Founded in 2007, Sunrun has made it a priority to make going solar a simple proposition for its customers, making rooftop solar customizable with their lifestyle and savings goal. Subsequently, with 100,000 customers now under its belt, Sunrun […]

October 28th

Trina Solar Secures $1.57 Billion Loan From CITIC Bank

One of the world’s leading solar PV module manufacturers, Trina Solar, announced Wednesday that it had secured a $1.57 billion loan from CITIC Bank. According to a press released published Wednesday by Trina Solar, the booming China-based manufacturer revealed that it had secured a 5-year strategic cooperation agreement with CITIC Financial Leasing, and a separate […]

October 28th

Canadian Solar Set To Exceed Q3 Guidance

A fortnight before it reveals its third quarter earnings, global solar company Canadian Solar has revealed it will exceed its original Q3 guidance. In a press release published on Monday, Canadian Solar, one of the world’s leading solar companies, updated its business outlook for the third quarter of 2015 (Q3) to reflect the higher than […]

October 27th

Energy Africa Campaign To Boost Rural Solar Access

The UK Government has launched its Energy Africa campaign, in an effort to accelerate the expansion of household solar throughout the continent. Launched last week, Energy Africa is the brainchild of the UK’s Department for International Development, and was announced by its Minister, Grant Shapps, last Thursday, at Facebook’s offices in London, and included attendance […]

October 26th