Canadian Solar Reports 9% Annual Growth In 2020 Revenues
Canadian Solar Increased 2020 Annual Revenues By 9% Pocketing $147 Million Net Income; Planned STAR Market Listing On Track; Solar Project Pipeline Swells To Over 20 GW & Strong 2021 Guidance
Canadian Solar exited 2020 with an annual growth of 9% in its net revenues that added up to $3.5 billion, and net income of $147 million. It was also the year when it shipped 11.3 GW modules, reflecting an increase of 32% on annual basis.
First Solar’s 2020 Net Sales Decline To $2.7 Billion
First Solar Returned To Profitability In 2020 Even As Annual Net Sales Dropped; Says Evaluating Regulatory Environment To Expand Capacity
Having faced ‘continued intense competition’ across the crystalline PV supply chain and ‘unforeseen challenges’ related to the pandemic, US based solar module manufacturer First Solar, Inc.
SunPower Exited 2020 With $599 Million Net Income
Powered By US Residential Solar Demand, SunPower Added 13,000 New Customers In Q4/2020; Exited 2020 With $599 Million GAAP Net Income; Management Confident For Business Prospects In 2021 & 2022
US based solar power company SunPower Corp., is buoyant about its growth prospects in 2021 and 202.
Spanish Solar Developer Aims For 18 GW Capacity By 2030
Reporting 27% Net Profit In 2020, Spanish Solar Project Developer Solaria Energia Declares 18 GW Installed PV Capacity Target For 2030, Counting On Spain Alone To Bring 10 GW
Reiterating its earlier declared target to have 6.2 GW installed solar power capacity by 2025, Solaria Energia y Medio Ambiente of Spain has now added a new goal for itself, to scale up the cumulative to 18 GW by 2030.
SMA Solar Sold 14.4 GW Solar Inverters In 2020
German Solar Inverter Maker SMA Solar Bullish On Future Prospects After Selling 14.4 GW Capacity In 2020; Preliminary Assessment Offered Shows Group Turned Profitable With €28 Million Net Income
With 14.4 GW solar PV inverters sold in 2020 reflecting 26% annual growth over 11.4 GW sold in 2019 Germany’s SMA Solar Technology AG exceeded 100 GW of installed inverter capacity globally.
Daqo Releases 2020 Revenue & Net Profit Guidance
Xinjiang Daqo New Energy Expects Net Profit Of RMB 0.95 Billion To RMB 1.05 Billion For 2020; Company Offers Revised Guidance For Polysilicon Production & Sales For Q4/2020 & 2020
Chinese polysilicon supplier Daqo New Energy expects full year 2020 revenues to fall into the range of RMB 4.5 billion to RMB 4.7 billion ($696 million to $727 million) while its net profit expectation is within RMB 0.95 billion to RMB 1.05 billion ($147 million to $162 million).
Solargiga Improves 2020 Annual Revenues By 37%
Solargiga Energy Holdings Shipped Over 6.8 GW Solar PV Products In 2020, 64.8% More Than Previous Year With Revenues Up By 37%
After issuing a profit warning for H1/2020 period, Solargiga ended the year 2020 with its total revenues going up by 37% on annual basis to an aggregate of RMB 6.065 billion.
