Tag: earnings report
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Sunnova Energy sees 30 percent increase in customer base in 2019
Sunnova Energy‘s financial results for the fourth quarter and full-year 2019 show a customer base increase of 30 percent and an increase in storage attachment rates due to customers seeking more resilient sources of energy to combat severe weather events and unreliable electricity grids. Sunnova SunSafe is now available in 16 markets.Read More — Solar Builder magazine
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SunPower earnings show big bump in residential solar in Q4, issues with commercial deal execution
Despite missing its earnings forecast targets and not meeting analyst expectations, SunPower still had a pretty solid 2019. It is still figuring out the mechanics of spinning off its PV manufacturing business late last year, but the company’s full-year 2019 earnings report shows a big bump in its residential solarRead More — Solar Builder magazine
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String inverter manufacturer Ginlong Solis has best financial quarter in its history
According to its third quarter financial report, Ginlong Technologies, manufacturer of the Solis string inverter, had its best quarter since its 2005 founding. The only publicly-traded company focused exclusively on PV string inverters, Ginlong recorded third quarter revenues of $52 million — more than it earned during 2014, 2015, andRead More — Solar Builder magazine
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Sunnova has doubled its dealer network but still posts net losses in third quarter earnings
Sunnova’s financial results for the third quarter shows a growing dealer network (doubled over last 12 months) and customer growth amid continued losses (Net loss of $34.4 million for the quarter). “We delivered on our operational and financial targets,” said William J. (John) Berger, Chief Executive Officer of Sunnova. “WeRead More — Solar Builder magazine
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Trina Solar ships nearly 6 GW of modules in 2015 (and other notes from Q4 earnings report)
As has already been noted, Trina Solar Limited is one of the top PV module manufacturers in the world. There was this report by GlobalData, as well as a report from Bloomberg New Energy Finance (BNEF) that named Trina Solar Limited the most ‘bankable’ PV module manufacturer globally. In its survey ofRead More — Solar Builder magazine